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Sixth Circuit ruling on Kalshi sports contracts deepens federal circuit split, JD Supra analysis finds
- Sixth Circuit ruling on Kalshi sports contracts deepens federal circuit split, JD Supra analysis finds — A Blank Rome analysis published on JD Supra says the Sixth Circuit held Kalshi sports-event contracts are not swaps and that federal commodities law does not preempt Ohio and Tennessee gambling laws. The analysis says the decision widens a split with other circuits over state oversight of prediction markets. (JD Supra)
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