Ohio judge rules that Kalshi is sports betting and must adhere to state law
4 points
1 hour ago
| 1 comment
| nbcnews.com
| HN
DivingForGold
1 hour ago
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That judge will be overruled just like all the other state level actions. Federal Law regulates this activity: CFTC Chairman Michael Selig said "see you in court" in a February 17, 2026, statement, vowing to defend federal authority over prediction markets against state-level, anti-gambling, cease-and-desist actions. The move defends platforms like Kalshi and Polymarket, asserting the CFTC has exclusive jurisdiction, with Selig filing an amicus brief.
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verdverm
48 minutes ago
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That can change at the federal level too. It's very associated with gambling addiction with a sizable portion of men under-50 having a problem in general.

It's derelict not try to addressing it, worse to protect the perpetrators. That's the Epstein class for ya

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