Published Aug 30, 2026, 2:30 PM ET · Updated 2 months ago · 1 source
Supreme Court likely to rule against Kalshi on event contracts
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Original Report
The Supreme Court will likely rule against Kalshi, asserting that Congress did not intend for the CFTC to act as a national sports betting regulator, a stance supported by the Ninth Circuit's decision and the speaker's interpretation of legislative intent, despite a conflicting ruling in New Jersey.