Kalshi lost another appeals case. Can states regulate prediction markets as gambling?

The Sixth Circuit ruled against Kalshi in Ohio and Tennessee a month after another appeals court sided with Nevada. New Jersey still has a conflicting ruling. The question for a national market is now practical as well as legal: can…

Source: https://crypto.news/kalshi-lost-another-appeals-case-can-states-regulate-prediction-markets-as-gambling/