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Kalshi in no rush for Supreme Court ruling in fight with states

The company agrees that justices must eventually opine on whether states and tribes should regulate its sports event contracts as sports bets.

Sources (1)· Oct 16, 8:59 AM

Culture Justice

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their own versions

Semafor· Oct 16, 8:59 AMKalshi in no rush for Supreme Court ruling in fight with states

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NCAA Chief Urges Congress to Rein In College Athlete TransfersNCAA President Charlie Baker urged Congress to pass the Protect College Sports Act, arguing that unrestricted athlete transfers are hurting graduation rates and competitive fairness, while critics warn the legislation could limit athletes' rights and earning opportunities.

Newsmax1d agoWhole story →

Culture college sports act debate

NCAA president warns Congress: Transfer portal killing graduation ratesThe president of the NCAA is urging Congress to pass the Protect College Sports Act for the sake of timely student-athlete graduation rates. Charlie Baker, NCAA's president, in a new letter to lawmakers Thursday argued "the court-imposed unlimited transfer policy is leading to worse academic outcomes for student-athletes who transfer multiple times." A…

The Hill2d agoWhole story →

Fired FBI Agents Who Worked on Trump Investigation Sue Patel and OthersThe lawsuit also suggests that a motivating factor for the dismissals was the intense scrutiny of the F.B.I. director, Kash Patel, after he went to the Olympics in Milan.

The New York Times2d agoWhole story →

Shane Hennen pleads guilty to charges related to fixing schemesA bettor indicted in three federal gambling cases pleaded guilty to charges related to schemes involving the NBA, NCAA and Chinese Basketball Association.

ESPN2d agoWhole story →

Bill Belichick Publicly Disrespects College Sport That Helped UNC Build 116-Year LegacyBill Belichick sparks controversy with remarks about a college sport that has been part of UNC’s 116-year history.

Essentially Sports2d agoWhole story →

Since

Insider trading. Addiction horror stories. Why the feds are probing America's insane new pastime.The Federal Trade Commission is reportedly taking its first hard look at online sports betting. According to the Washington Sun, political appointees and career staff are reviewing sportsbooks such as FanDuel and DraftKings, most likely over deceptive advertising. DraftKings says it hasn't received a civil investigative demand (the FTC's version of a…

The Blaze19h agoWhole story →

NCAA files federal lawsuit against DeWine eligibility executive orderThe NCAA is suing Gov. Mike DeWine over his recent executive order granting a fifth year of eligibility to student athletes.

Cincinnati Cincinnati Enquirer18h agoWhole story →

Culture Mike DeWine

NCAA sues Ohio Governor Mike DeWine over executive order granting fifth year to class of 2022Most of the lawsuits that have shaped the post-reckoning NCAA have been filed against the now-toothless organization.

Nbc Sports18h agoSources (3)Whole story →

Culture Mike DeWine

NCAA Sues Ohio Governor Over His Executive Order Allowing Schools to Ignore New Eligibility RuleThe NCAA filed a federal lawsuit against Ohio Gov. Mike DeWine on Friday, three days after he signed an executive order giving the state’s universities the option of allowing athletes who graduated from high school in 2022 to play a fifth year in defiance of the organizations’s new eligibility rules.

U.S. News & World Report18h agoSources (2)Whole story →

Culture Mike DeWine

Team Playoff, and Fans Will Pay the PriceESPN and the CFP are finalizing a deal to double the size of the playoff. The sport’s diehards will be asked to foot the bill.

Sports Illustrated11h agoWhole story →

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Sixth Circuit rules Ohio can regulate Kalshi sports contractsA federal appeals court ruled Ohio can enforce its sports gambling laws against Kalshi, rejecting the company’s federal regulation argument.

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Sixth Circuit Guts Kalshi’s Federal Shield, Rules Sports Bets Are Just BetsTHE SWAP DEFENSE FALLS APART The Sixth Circuit says Kalshi's sports contracts are ordinary bets, not federally protected swaps. Ohio and Tennessee can now enforce their gambling laws against the company. The ruling deepens a three-way circuit split that's pushing this fight straight toward the Supreme Court. By Samuel López | USA Herald Kalshi just Sixth…

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Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulationsA Sixth Circuit Court of Appeals panel ruled that prediction markets' sports-related events contracts are not swaps, and therefore aren't subject to federal regulatory oversight.

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Kalshi bets big on NY with $3M Housing Works donation, despite Hochul legal battlePrediction market Kalshi is donating $3 million to Housing Works to expand New York healthcare, despite facing a lawsuit from Gov. Kathy Hochul.

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