Kalshi faces Sixth Circuit oral arguments over sports prediction markets in Ohio and Tennessee
A panel of judges in the U.S. Court of Appeals for the Sixth Circuit heard oral arguments Thursday from Kalshi and representatives of Ohio and Tennessee. The hearing follows split decisions in federal courts about whether Kalshi should be allowed to offer sports prediction markets in the states. No decision was made.
The Sixth Circuit will resolve a circuit split on whether Kalshi's sports contracts are lawful in states that oppose them, setting binding precedent for Michigan, Ohio, Kentucky, and Tennessee.
Kalshi now fights on at least five state fronts — Michigan, New York, Washington, Nevada, and Minnesota — where its federal preemption defense has collapsed, been constrained, or been bargained away, while Ohio and Tennessee press the same states-rights case before the Sixth Circuit.