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Kalshi gives $50,000 to PAC backing Blackburn after Tennessee court loss
The prediction-market company’s contribution was legal under Tennessee’s unlimited PAC-donation rules, but arrived during a fight over sports-event contracts.
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Underdog challenges Tennessee order to halt sports event contracts
The company’s seventh state lawsuit since September tests its federal pre-emption argument after a Sixth Circuit defeat for Kalshi.
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Sixth Circuit lets Ohio and Tennessee enforce gambling laws against Kalshi
Unanimous panel finds Kalshi’s sports contracts were not shown to be swaps under the federal commodities statute