Appeals court says Ohio and Tennessee can regulate Kalshi under gambling laws — Live Feedhttps://www.live-feeds.com/feed/appeals-court-says-ohio-and-tennessee-can-regulate-kalshi-under-gambling-lawsContinuously updated, source-cited coverage. Appeals court: Ohio, Tennessee can regulate Kalshi under gambling lawshttps://www.live-feeds.com/feed/appeals-court-says-ohio-and-tennessee-can-regulate-kalshi-under-gambling-lawshttps://www.live-feeds.com/feed/appeals-court-says-ohio-and-tennessee-can-regulate-kalshi-under-gambling-laws#u89476Tue, 29 Sep 2026 20:45:56 +0000A US appeals court ruled that Ohio and Tennessee can regulate Kalshi's event contracts under their gambling laws, dealing a significant blow to the prediction market operator. The 6th US Circuit Court of Appeals decision deepens a split that may reach the Supreme Court. Kalshi's sports contracts are now subject to state gambling regulations.Why it mattersThe ruling marks a major development in the ongoing debate over the regulation of prediction markets in the US. Kalshi has been operating in a regulatory gray area, and the court's decision may force the company to reevaluate it