Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms

The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts.

# Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts. **Read the full article:** [CNBC](https://www.cnbc.com/2026/09/25/appeals-court-rules-states-can-regulate-sports-prediction-markets.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*