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A former CFTC lawyer believes the Supreme Court might take on Kalshi's legal battle.

RulesRead the original at Benzinga
Neutral

DraftKings runs Predictions, and court rulings may change where it can offer sports contracts. Courts disagree, and a federal ruling could preserve wider access, so the story points in no clear direction.

DKNG · DraftKings

AI read · Neutral

The AI's read

The ruling could change where DraftKings can offer sports contracts. The courts disagree: one appeals court backed Kalshi, and two sided with state regulators. A Supreme Court decision favoring federal control could preserve wider access, but a state-focused ruling could force firms to limit where they operate. No result is settled, so the story does not point clearly up or down for DraftKings.

HOOD · Robinhood Markets Inc.

AI read · Neutral

The connection

Robinhood offers Kalshi contracts, and court rulings may change where it can offer them. Courts disagree, and a federal ruling could preserve wider access, so the story points in no clear direction.

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