Tennessee News & Prediction Market Coverage
Track the latest Tennessee news across prediction markets. Prediction News is following 13 active Tennessee stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Kalshi prices Arizona at 73% to beat TCU in college football matchup
TechFormer CFTC counsel says Supreme Court likely to take Kalshi sports contracts case
LegalKalshi seeks full Sixth Circuit rehearing after sports contracts ruled gambling
LegalUnderdog sues Tennessee to block prediction market enforcement
TradingPolymarket lists Kentucky -10.5 over Vanderbilt, LSU -6.5 in college football spreads
TradingKalshi traders price Alabama at 75% to beat Tennessee
LegalKalshi donates $50,000 to PAC backing Tennessee governor candidate Blackburn
TradingKalshi retakes NFL pricing edge from FanDuel, DraftKings in Week 4
LegalSixth Circuit rules Kalshi sports contracts subject to Ohio and Tennessee gambling laws
LegalOhio casino commission sends 10 cease-and-desist notices to prediction market operators over sports event contracts
LegalWashington's March suit against Kalshi tests federal preemption of gambling laws
TradingKalshi traders push Tennessee to 82% favorite over Georgia Tech
TradingBaltimore sues Kalshi and Polymarket, adding Coinbase, Robinhood and Webull
Frequently Asked Questions
Is Kalshi legal in Tennessee?
Kalshi's sports event contracts face active opposition from the state; Tennessee AG Skrmetti is appealing a district court ruling that had blocked enforcement of state sports wagering laws against the platform.
Why is Tennessee appealing the Kalshi ruling?
The state contends Kalshi's products are illegal sports betting disguised as swaps, seeking to restore its ability to enforce sports wagering laws and set precedent for other states.
What is Tennessee's position on prediction markets?
Tennessee is enforcing its sports wagering laws against Kalshi's sports contracts while regulating licensed online sports betting through the Sports Wagering Council.
Has the Sixth Circuit ruled on Kalshi in Tennessee?
Oral arguments were heard but no decision has been issued; the appeal remains pending and would create binding precedent for Michigan, Ohio, Kentucky, and Tennessee.
Does Sen. Blackburn influence prediction market policy?
Sen. Marsha Blackburn (R-Tenn.) chaired a Senate hearing on sports betting and prediction market rules, highlighting concerns including insider trading allegations.