EconomyKalshi loses appeal over Ohio and Tennessee sports betting laws, widening circuit split

A federal appeals court ruled Friday that Kalshi had not adequately demonstrated that its sports event contracts qualify as swaps under the Commodity Exchange Act. The decision deepens a split among appeals courts over sports betting laws in Ohio and Tennessee.

Kalshisports bettingfederal appeals court

TThe Block★★☆☆☆2026-09-26 15:17Original