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…USA Herald13d agoWhole story →GovernmentJusticesixth circuit ruling on sports bets
