Prediction market platform Kalshi has secured a key ruling from the U.S. Court of Appeals for the Sixth Circuit, allowing it to continue offering event contracts in Ohio and Tennessee, according to Cointelegraph. The dispute centered on whether those contracts could remain available as Kalshi faced challenges from relevant state regulators. The court’s decision lets the company keep operating the products in both states while the broader regulatory fight over event contracts continues to draw attention. The report did not add further details beyond the court’s ruling and the states involved, but the decision marks an important legal win for Kalshi in its dispute with state authorities over the availability of these contracts.
Prediction market platform Kalshi won a key ruling from the U.S. Court of Appeals for the Sixth Circuit, allowing it to continue offering event contracts in Ohio and Tennessee, according to Cointelegraph.
The decision stems from a dispute between Kalshi and relevant state regulators over whether the event contracts could continue to be offered. Cointelegraph said the court ruled that Kalshi’s event contracts may keep operating in the two states.
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