6th U.S. Circuit Court of Appeals News & Prediction Market Coverage
Track the latest 6th U.S. Circuit Court of Appeals news across prediction markets. Prediction News is following 1 active 6th U.S. Circuit Court of Appeals story across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
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Frequently Asked Questions
What did the Sixth Circuit rule in the Kalshi case?
On September 25, 2026, the court held unanimously that Kalshi's sports event contracts do not qualify as swaps under the CEA and that federal law does not preempt Ohio and Tennessee gambling laws, allowing the states to regulate the contracts.
Which states can now regulate Kalshi sports contracts after the Sixth Circuit decision?
Ohio and Tennessee can enforce their state gambling laws against Kalshi's sports event contracts.
Does the Sixth Circuit Kalshi ruling affect other prediction market platforms?
Yes, the opinion states that Robinhood and Crypto.com face identical legal exposure under the same reasoning.
What is the circuit split on prediction market regulation?
The Sixth Circuit aligned with the Ninth Circuit in favoring state authority, while the Third Circuit previously sided with Kalshi against New Jersey; the split increases the likelihood of Supreme Court review.
Who wrote the opinion in the Kalshi Sixth Circuit case?
Circuit Judge Julia Smith Gibbons wrote the unanimous opinion.
What states are in the Sixth Circuit?
Kentucky, Michigan, Ohio, and Tennessee.