The U.S. Supreme Court now sees a circuit split over sports prediction markets. History suggests that makes it more likely it will review the topic.

The Ninth Circuit ruled 3-0 against Kalshi, dissolving an injunction and allowing Nevada to enforce gaming laws on the prediction market's sports

A federal appeals court panel is refusing to let prediction market operator Kalshi restart trading on elections and sporting events in Nevada while it fights the state’s effort to…

Prediction markets like Kalshi violate sports betting laws, ruling says.