TBA Law Blog


Posted by: Azya Thornton on May 27, 2026

Tennessee Attorney General Jonathan Skrmetti has announced that his office filed an opening brief in the U.S. 6th Circuit Court of Appeals seeking to overturn a ruling from the U.S. District Court for the Middle District of Tennessee that blocked Tennessee from enforcing sports wagering laws against KalshiEX LLC. Tennessee has argued that platforms such as Kalshi function as sports wagering and should be subject to the state’s Sports Gaming Act, which requires licensing, consumer protections and tax payments. Kalshi contends its products qualify as “swaps” under the federal Dodd-Frank Act and fall exclusively under the jurisdiction of the Commodity Futures Trading Commission. “Tennessee has laws governing wagering on sports — laws that Kalshi is desperately trying to avoid — that ensure sportsbooks provide protections for problem gamblers, pay taxes to support our education system, and provide a fair and transparent service to users,” Skrmetti said in a news release.