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Home»Markets»Appeals court blocks New Jersey from shutting down Kalshi's sports markets
Markets

Appeals court blocks New Jersey from shutting down Kalshi's sports markets

April 7, 2026No Comments1 Min Read


The Third Circuit Court of Appeals ruled that New Jersey could not bring an enforcement action against Kalshi, finding that the federal Commodity Exchange Act preempted state gambling laws.

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See also  From Cathie Wood to Cantor Fitzgerald, the big money is betting that Robinhood’s crypto slump is just a temporary speed bump
Appeals Blocks Court Jersey Kalshi039s Markets Shutting sports

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