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- 1Court Clears Ohio to Regulate Kalshi Sports Betting Contracts▼Sixth Circuit rules Ohio can regulate Kalshi sports contracts
A federal appeals court for the Sixth Circuit has ruled that Ohio can move ahead with regulating Kalshi's sports event contracts, a decision with implications for the fast-growing market in prediction and event-based trading. The ruling signals that state gambling regulators may have authority over such contracts, a outcome being watched closely by both prediction market platforms and state regulators nationwide.
- 2Online sports gambling addiction likened to crack cocaine●The addiction of online sports gambling: "Like crack in the '80s"
CBS News examines the rapid rise of online sports betting apps in the United States and the wave of gambling addiction accompanying it, with one comparison calling it "like crack in the '80s." The report highlights how easy access to wagering on phones has drawn in young men especially, prompting debate over whether regulators and the industry are doing enough to address the harm.