Policy
Two Courts, Two Rulings: The Kalshi Legal Fight That Could Change Sports Betting Forever
CoinCentral·September 2, 2026·1 min read
Kalshi's sports prediction markets face a legal challenge. Two federal courts issued conflicting rulings on whether states can regulate Kalshi's contracts. New Jersey argues Kalshi operates illegal sports betting without state licenses. Kalshi's contracts are federally regulated, according to the company.
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