Ohio judge orders Kalshi to follow state betting laws

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…

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