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Appeals Court Sides With Nevada Over Kalshi, Lifting DraftKings and Flutter

A federal appeals court ruled Kalshi cannot block Nevada's oversight of sports prediction markets, removing a legal shield for exchange-style betting products.

DraftKings and Flutter Entertainment shares rose after a US appeals court ruled that Kalshi cannot block Nevada's oversight of its sports prediction markets.

BREAKING STORYBULLISH28 Aug 2026

DKNG FLUTRead report →

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