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Kalshi loses again as judges rule prediction markets must obey gambling laws

Ars Technica • Mon, 28 Sep 2026

Kalshi loses again as judges rule prediction markets must obey gambling laws

Kalshi's defiance of state gambling laws may be headed to Supreme Court.

What happened?

Kalshi's defiance of state gambling laws may be headed to Supreme Court.

Story details

Kalshi's defiance of state gambling laws may be headed to Supreme Court.

Why it matters

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Original source

https://arstechnica.com/tech-policy/2026/09/another-court-rules-kalshi-sports-bets-arent-swaps-says-states-can-crack-down/