Kalshi wins Third Circuit appeal vs. New Jersey
2-1 panel: New Jersey cannot block Kalshi's sports event contracts — CFTC-exclusive jurisdiction as swaps, a precedent-setting decision.
As of Oct 11, 2026 · 3:54 AM ET, the supplied update reported no new headlines in the preceding hour. The latest developments remained the previously reported state enforcement actions, rather than a fresh regulatory move.
State enforcement remains in focus
Tennessee’s cease-and-desist orders to Kalshi, Polymarket and Crypto.com remained among the latest actions identified in the update. The absence of another headline does not establish any change in those orders.
The update also referred to a federal block, but the supplied summary ended before identifying what was blocked. Its scope and relationship to the state actions cannot be established from the available material.
The cited reporting outlet is gamblerss.com. Its page text was unavailable, leaving no additional reporting to verify or expand on beyond the supplied summary.
What it means for prediction markets
- No fresh catalyst was reported: The last hour brought no new headline in the supplied update—not confirmation that the enforcement disputes had been resolved.
- The named platforms remain central: Tennessee’s orders concern Kalshi, Polymarket and Crypto.com; the material provides no further details about their scope or implementation.
- The federal reference is incomplete: It cannot support conclusions about which markets or platforms a federal block affects.
Sources & attribution
- [1]Gamblerss (gamblerss.com)https://gamblerss.com/kalshi-wins-key-legal-battle-against-new-jersey-regulators-61130
Date & time:
Full attribution under the DMCA, 17 U.S.C. § 512: an original Infiniti Intelligence report summarizing and linking to the publishers named above. All rights in the underlying reporting remain with them. Rights holders may request correction or removal via the contact address at infiniti.w3ai.io.
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