New Jersey Loses Bid to Shut Down Kalshi Sports Contracts After Federal Appeal

6 April 2026
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A federal appeals court ruled Monday that New Jersey cannot use state gambling law to shut down Kalshi’s sports prediction market, handing the federally regulated platform a significant legal win. Key Takeaways: A Third Circuit appeals court ruled 2-1 on April 6, 2026, that federal law blocks New Jersey from enforcing state gambling rules against […]

New Jersey Loses Bid to Shut Down Kalshi Sports Contracts After Federal Appeal

6 April 2026
0 Comments

A federal appeals court ruled Monday that New Jersey cannot use state gambling law to shut down Kalshi’s sports prediction market, handing the federally regulated platform a significant legal win. Key Takeaways: A Third Circuit appeals court ruled 2-1 on April 6, 2026, that federal law blocks New Jersey from enforcing state gambling rules against […]