Prediction Markets Should Be Regulated as Gambling, Appeals Court Says The New York Times 9th Circuit sides with states in Kalshi gambling fight, potentially reviving Arizona's prosecution Arizona Mirror Federal appeals court rules Nevada can regulate Kalshi Las Vegas Review-Journal 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
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