October 2, 2026

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Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms

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Image: CNBC

The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts.

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

Continue on cnbc.com →

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