Kalshi wins appeal against New Jersey over sports event contracts
Kalshi wins appeal against New Jersey over sports event contracts
The U.S. Court of Appeals for the Third Circuit, a panel of judges ruled 2-1 and said that New Jersey gaming regulators cannot block Kalshi from offering those contracts in the state.On Monday, one judge dissented, calling Kalshi’s actions as a “performative sleight meant to obscure the reality that Kalshi’s products are sports gambling.”