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Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms

The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts.

This article was originally published by CNBC Top News and is republished here under license.

The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts.

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