Story perspectives

Third Circuit Clears Kalshi Sports Contracts in Massachusetts

8/26/2026

Summary

Story summary

Kalshi secured multi-year partnerships with five MLB clubs: Braves, Red Sox, Dodgers, Padres and Giants.
Four clubs are in states where sports betting is illegal.
Kalshi will add LED signage and rename Dodger Stadium’s Gold Glove Bar to Kalshi 435 Club.
Baseball-related trading on Kalshi rose 36-fold YoY to nearly 13 billion contracts in 2026.
The Third Circuit ruled on April 6, 2026 that law preempts Massachusetts’ January injunction against Kalshi’s sports contracts.

History

Historical Context

The Supreme Court’s May 2018 ruling in Murphy v. NCAA declared the Professional and Amateur Sports Protection Act unconstitutional, ending the federal ban on sports wagering and prompting states such as New Jersey and Nevada to legalize betting. By 2026, 27 states had authorized online sports gambling, enabling platforms like Kalshi to sign multi-year partnership deals with MLB clubs including the Braves, Red Sox and Dodgers.

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Story summary

Kalshi secured multi-year partnerships with five MLB clubs: Braves, Red Sox, Dodgers, Padres and Giants.
Four clubs are in states where sports betting is illegal.
Kalshi will add LED signage and rename Dodger Stadium’s Gold Glove Bar to Kalshi 435 Club.
Baseball-related trading on Kalshi rose 36-fold YoY to nearly 13 billion contracts in 2026.
The Third Circuit ruled on April 6, 2026 that law preempts Massachusetts’ January injunction against Kalshi’s sports contracts.

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