Are Nevada Regulators Illegally Keeping Kalshi Out of State? Federal Judges Skeptical - The Nevada Independent

Ninth Circuit panel appears to lean Nevada’s way in legal battle with Kalshi, Crypto.com

Kalshi photo illustration, Tuesday, April 7, 2026. (Photo by Anne-Marie Caruso/New Jersey Monitor)The Nevada Gaming Control Board and the Nevada Resort Association on Thursday defended the state’s right to regulate gambling within its boundaries during a hearing before a three-judge panel of the Ninth Circuit Court of Appeals in San Francisco that, at times, appeared to side with the state. The case is one of many pitting states against predicti…

Are Nevada regulators illegally keeping Kalshi out of state? Federal judges skeptical - The Nevada Independent

In a more than two-hour hearing, the 9th Circuit discussed several cases in which Nevada gaming regulators want the businesses kept away from the state.

After Kalshi Appeal, Prediction Markets Fight Could Head to Supreme Court - Invest In Crypto News

An appellate court is expected to reach a decision after hearing arguments from Kalshi and lawyers representing the state of Nevada. Some legal experts speculated that the state vs. federal jurisdiction battle over regulating prediction markets companies could soon be headed to the United States Supreme Court. On Thursday, the US Court of Appeals for the Ninth Circuit heard oral arguments from lawyers representing prediction markets platform Ka…

Ninth Circuit Debates CFTC Rules in Nevada vs. Prediction Markets Hearing

Key Takeaways ▸ The panel pressed Kalshi on whether sports contracts are just “gaming” under CFTC rules, while also questioning Nevada’s legal framing and limits. ▸ The court focused on whether Congress clearly gave the CFTC authority to override state sports betting laws, or if states still control the space. ▸ A ruling for Nevada would deepen the divide with the Third Circuit and likely push the issue toward the Supreme Court. The US District…

After Kalshi appeal, prediction markets fight could head to US Supreme Court

An appellate court is expected to reach a decision after hearing arguments from Kalshi and lawyers representing the state of Nevada.

After Kalshi Appeal, Prediction Markets Fight Could Head to Supreme Court

The US Court of Appeals for the Ninth Circuit heard oral arguments from Kalshi and the state of Nevada over authorities attempting to bar some of the platform's event contracts.