A panel of judges in the U.S. Court of Appeals for the Sixth Circuit heard oral arguments from representatives of Kalshi and the states of Ohio and Tennessee.
On Thursday, a panel of judges in the U.S. Court of Appeals for the Sixth Circuit listened to oral arguments from Kalshi and representatives from Ohio and Tennessee. This comes after conflicting rulings in federal courts regarding Kalshi's ability to operate sports prediction markets in these states. The hearing did not result in an immediate decision, leaving Kalshi's future in these markets uncertain.