Kalshi loses appeal, setting up potential Supreme Court case

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The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event

OpenBook market desk: The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event contracts under state laws.

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The headline theme is "Kalshi loses appeal, setting up potential Supreme Court case". We reframe the story for readers tracking equities, FX majors and crypto liquidity - without copying the original wording.

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Based on reporting from Cointelegraph. Read the original.