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Yeshiva World News · Sep 27, 2026

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Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms • The 6th U.S. Circuit Court of Appeals ruled that Kalshi’s sports-related event contracts can be regulated by Ohio and Tennessee’s gambling laws on Friday. • It’s the second decision by a federal court of appeals to rule that states have a role in regulating prediction markets’ sports offerings. • It is widely expected that the question of who can regulate prediction markets’ sports contracts will eventually be heard at the U.S. Supreme Court.

*Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms* • The 6th U.S. Circuit Court of Appeals ruled that Kalshi’s sports-related event contracts can be regulated by Ohio and Tennessee’s gambling laws on Friday. • It’s the second decision by a federal court of appeals to rule that states have a role in regulating prediction markets’ sports offerings. • It is widely expected that the question of who can regulate prediction markets’ sports contracts will eventually be heard at the U.S. Supreme Court.

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