9th Circuit sides with states in Kalshi gambling fight, potentially reviving Arizona's prosecution Arizona Mirror U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court CNBC Court rules Kalshi sports bets aren’t “swaps,” just gambling with a different name Ars Technica Court hands U.S. states a win in fight over who regulates prediction markets CBS News States can regulate prediction markets as gambling, federal appeals court rules CNN
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