US Edition
Ohio judge orders Kalshi to follow state betting laws
Federal law does not override Ohio gambling rules as Kalshi operates as an unlicensed sportsbook, with sports betting legal in 39 states, officials said.
- U.S. District Court Judge Sarah Morrison in Ohio found on Monday that Kalshi's sports prediction markets amount to gambling and should fall under state regulation.
- Kalshi argued the federal Commodity Exchange Act preempts enforcement of Ohio law by treating its sports contracts as swaps, but states including Nevada and Massachusetts have resisted, citing state governments' control over sports betting.
- Kalshi sought an injunction to block enforcement by the Ohio Casino Control Commission, which argues the company operates as an unlicensed sportsbook facilitating bookmaking.
- Kalshi said it will appeal the decision, while Ohio Attorney General Dave Yost celebrated the ruling Tuesday and rejected Kalshi's preemption argument.
- The dispute could last several years, keeping Kalshi and Polymarket operating as Kalshi recently won a Tennessee ruling blocking Nashville, creating a split among federal courts.
10 Articles
10 Articles
Ohio judge orders Kalshi to follow state betting laws
A federal judge in Ohio ruled Monday that prediction market platform Kalshi must adhere to state regulations on gambling. In denying Kalshi’s request for a preliminary injunction against state regulators, U.S. District Judge Sarah D. Morrison wrote that the Commodity Exchange Act does not preempt Ohio’s sports gambling laws, which the company had argued in…
Ohio judge rules that Kalshi is sports betting and must adhere to state law
An Ohio federal judge on Monday said she's obligated to "avoid absurdity" and ruled that Kalshi's prediction markets in sports amount to acts of gambling — which should come under state regulations
Cincinnati Enquirer
The Columbus DispatchJudge rules Ohio can enforce sports betting laws against Kalshi
Kalshi Loses Ohio Court Case Over Sports Betting Lawsuit
An Ohio federal court denied Kalshi’s bid for a preliminary injunction aimed at blocking state regulators from enforcing sports-betting contracts on the prediction markets platform. Chief Judge Sarah Morrison of the Southern District of Ohio ruled that Kalshi had not shown the platform’s sports-event contracts fall under the exclusive jurisdiction of the Commodity Futures Trading Commission, at least to halt Ohio’s regulatory regime. Kalshi cont…
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