<div><img width="300" height="167" src="https://readwrite.com/wp-content/uploads/2026/09/kalshis-second-appellate-loss-prediction-market-split-300x167.webp" class="attachment-medium size-medium wp-post-image" alt="Abstract courthouse with diverging paths representing the split over prediction market regulation" style="width:100%;height:55.81%;max-width:1376px;margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://readwrite.com/wp-content/uploads/2026/09/kalshis-second-appellate-loss-prediction-market-split-300x167.webp 300w, https://readwrite.com/wp-content/uploads/2026/09/kalshis-second-appellate-loss-prediction-market-split-900x502.webp 900w, https://readwrite.com/wp-content/uploads/2026/09/kalshis-second-appellate-loss-prediction-market-split-260x145.webp 260w, https://readwrite.com/wp-content/uploads/2026/09/kalshis-second-appellate-loss-prediction-market-split.webp 1376w" sizes="(max-width: 300px) 100vw, 300px" /></div>
<p>Kalshi prediction markets face conflicting appeals court rulings, leaving state gambling laws and federal oversight at odds across the US.</p>
<p>The post <a href="https://readwrite.com/kalshi-prediction-markets-court-split/">Kalshi’s Second Appellate Loss Deepens Prediction Market Split</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>