Illinois dealt blow in legal fight with app Kalshi - WBEZ Chicago

Source WBEZ
Original Load Date Oct. 7, 2026, 3:01 p.m.
Last Updated Oct. 7, 2026, 3:01 p.m.
Original URL https://www.wbez.org/in-the-loop-with-sasha-ann-simons/2026/10/07/illinois-dealt-blow-in-legal-fight-with-app-kalshi

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A federal judge [ _blocked Illinois’ new rules_ ][2] on prediction markets. This is a win for Kalshi, an app for prediction markets. The judge did not, however, close the door on the state potentially taxing transaction fees on the app. We find out more about what this ruling means for Illinois. ...