New Jersey has no right to ban Kalshi's prediction market, US appeals court rules

Engadget
By Jessica CondittApr 6, 2026, 5:44 pm118 pts
Kalshi can't be stopped in New Jersey. A 3rd US Circuit Court of Appeals panel ruled on Monday that New Jersey has no authority to regulate Kalshi's prediction market allowing people to bet on the outcome of sports events. That power rests with the Commodity Futures Trading Commission, the panel ruled 2-1. …

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