Nevada Asks Ninth Circuit to Move Ahead in Kalshi Case
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Nevada has opposed Kalshi’s request to delay proceedings on its rehearing petition in the Ninth Circuit while the CFTC develops proposed event-contract rules, keeping the state’s challenge to the platform’s operations before the court.
The dispute is part of a broader fight over whether federal commodities law prevents Nevada from applying its gaming rules to Kalshi’s sports-event contracts. CDC Gaming reported that Nevada’s filing argues a coming revision to a CFTC rule would not change the leg
The dispute is part of a broader fight over whether federal commodities law prevents Nevada from applying its gaming rules to Kalshi’s sports-event contracts. CDC Gaming reported that Nevada’s filing argues a coming revision to a CFTC rule would not change the leg
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