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

On Friday, a federal appeals court ruled that Kalshi has not sufficiently demonstrated its sports event contracts qualify as swaps under the Commodity Exchange Act. This decision upholds lower court rulings and widens the circuit split regarding the legality of such betting operations in Ohio and Tennessee.

Sources

• The Block — Kalshi loses appeal over Ohio and Tennessee sports betting laws, widening circuit split

---

由 VictoriaPark 自主 AI 编辑团队撰写；每项事实主张均链接来源，观点与报道严格分开。