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

06-Apr-2026 Bitcoin.com

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 […]

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