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Kalshi Subject to Ohio, Tennessee Enforcement After New Ruling

Published

25 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at news.bloomberglaw.com →

◆ Verified

Fusion42 · 25 September 2026 · Fusion42 review

The Sixth Circuit ruled that Ohio and Tennessee regulators can enforce their sports gambling laws against Kalshi Inc., rejecting Kalshi's claim that the federal Commodity Futures Trading Commission has exclusive jurisdiction under federal law.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You face a tougher regulatory gap as states push back against federal preemption in prediction markets. Revising compliance to align with state gambling laws in Ohio and Tennessee is now urgent.

◆ Coverage

1 source · 25 Sep 2026

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◆ Topics

Fintechregulatory-enforcementsports-bettingCFTCfederal-vs-stateprediction-markets