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Sixth Circuit allows Ohio and Tennessee to enforce gambling laws against Kalshi

By SectorWire desk ·

Summary

The Sixth Circuit ruled that Ohio and Tennessee may enforce gambling laws against Kalshi’s event contracts. The panel rejected Kalshi’s argument that federal commodities law pre-empts those laws. It removed Tennessee’s preliminary enforcement injunction and upheld the denial of similar protection in Ohio.

Why it matters

Tennessee’s enforcement injunction was removed, while Ohio’s denial of similar protection leaves Kalshi subject to state gambling laws.

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Entities and relations reported in this entry and our coverage.

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