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Kalshi Split Widens With 6th Circuit Ruling on Sports Event Contracts

The likelihood that the U.S. Supreme Court will review the legality of prediction markets operating under federal law rose Friday, as the U.S. Court of Appeals for the 6th Circuit ruled against Kalshi in its litigation with sports gambling regulators from Tennessee and Ohio. The decision deepens a conflict among the f…

Published 26 Sept 2026Curated by Transfer Window
Kalshi Split Widens With 6th Circuit Ruling on Sports Event Contracts

Summary

The likelihood that the U.S. Supreme Court will review the legality of prediction markets operating under federal law rose Friday, as the U.S. Court of Appeals for the 6th Circuit ruled against Kalshi in its litigation with sports gambling regulators from Tennessee and Ohio. The decision deepens a conflict among the f…