Kalshi picked up a real win in April. The Third Circuit Court of Appeals ruled that the Commodity Exchange Act preempts New Jersey’s gambling law as applied to Kalshi’s sports-related contracts. Translation: the CFTC regulates this stuff, not a state gaming commission, and New Jersey can’t touch it. That’s a legitimate headline for a companyContinue reading “Kalshi Just Won a Big Court Case. It’s Still Losing the War With 19 States.”
Betting Sports Blog 