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

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


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