EconomyNinth Circuit Deals Blow to Kalshi in Nevada Sports Betting Fight

The Ninth Circuit upheld a lower-court ruling that Kalshi failed to demonstrate that federal authority preempts Nevada’s power. The decision challenges Kalshi’s claim that the Commodity Futures Trading Commission has exclusive jurisdiction over the dispute.

KalshiNevadasports bettingCFTC

TThe Block★★☆☆☆2026-08-28 19:50Original