New Jersey Loses Bid to Shut Down Kalshi Sports Contracts After Federal Appeal
By Jamie Redman
A federal appeals court ruled that New Jersey cannot use state gambling laws to shut down Kalshi’s sports prediction market, marking a major legal victory for the federally regulated platform. The Third Circuit's 2-1 decision on April 6, 2026, holds that federal law preempts state regulations in this case. This allows Kalshi to continue offering sports contracts without state interference.
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