Federal appeals court rules New Jersey can't enforce gambling laws against Kalshi prediction markets, citing federal Commodity Exchange Act supremacy.
Ohio argues Kalshi sidesteps gambling laws amid appeal as court weighs whether sports event contracts fall under federal ...
Judges reject state's argument that prediction markets constitute gambling.
A federal appeals court ruled that a top prediction market can continue its sports operations in New Jersey as state ...
The 2-1 ruling came as a blow to New Jersey authorities, who argued that predictive markets are a form of gambling and ...
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