A panel of judges in the U.S. Court of Appeals for the Sixth Circuit heard oral arguments from representatives of Kalshi and the states of Ohio and Tennessee on Thursday after split decisions in federal courts about whether the company should be allowed to offer sports prediction markets in the states.
A panel of judges at the U.S. Court of Appeals for the Sixth Circuit recently listened to oral arguments presented by Kalshi and representatives from Ohio and Tennessee. This followed conflicting rulings in federal courts regarding the company's authorization to provide sports prediction markets within the states. As of now, no final decision has been reached.
