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Appeals Court Rules Kalshi Can Offer Sports Betting in NJ

4/6/2026

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Summary

Story summary

On April 6, 2026, the 3rd U.S. Circuit Court of Appeals ruled New Jersey cannot block Kalshi from offering sports-prediction markets.
The court held the CFTC has exclusive authority over such contracts, preempting state regulations.
Kalshi may continue operations in New Jersey while the case remains ongoing.
New Jersey Attorney General Jennifer Davenport criticized the ruling as undermining state gaming regulations and signaling national precedent.

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Story summary

On April 6, 2026, the 3rd U.S. Circuit Court of Appeals ruled New Jersey cannot block Kalshi from offering sports-prediction markets.
The court held the CFTC has exclusive authority over such contracts, preempting state regulations.
Kalshi may continue operations in New Jersey while the case remains ongoing.
New Jersey Attorney General Jennifer Davenport criticized the ruling as undermining state gaming regulations and signaling national precedent.