Federal appeals court rules against Kalshi, finding states can regulate prediction markets
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Summary
A U.S. appeals court ruled against the prediction market company Kalshi, finding that states can regulate prediction markets, Reuters reported. The Hill reported that the court said such markets can be regulated like gambling.
Center
- Appeals court rules against Kalshi, says prediction markets can be regulated like gamblingThe Hill · Sep 25, 5:31 PM
- US appeals court rules against Kalshi, says states can regulate prediction marketsReuters · Sep 25, 7:31 PM