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Ohio pledges gambling enforcement against Kalshi after federal appeals ruling
By SectorWire desk · · Updated
Summary
Ohio Governor Mike DeWine said the state will enforce gambling laws against Kalshi following a Sixth Circuit ruling. The court unanimously upheld a decision denying Kalshi’s request to block Ohio enforcement, rejecting its argument that federal commodities law shields its sports contracts from state regulation.
Why it matters
Ohio will enforce gambling laws against Kalshi after the court rejected its federal commodities law defence.