Article URL: https://azmirror.com/2026/08/28/9th-circuit-sides-with-states-in-kalshi-gambling-fight-potentially-reviving-arizonas-prosecution/ Comments URL: https://news.ycombinator.com/item?id=49485452 Points: 44 # Comments: 20…
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WorldPingAn appeals court sided with a lower court's ruling that Kalshi failed to show that the federal government preempts Nevada’s authority.
Brief by WorldPing · Original reporting by The Block
WorldPingKalshi can't evade Nevada gambling laws by calling bets "swaps," judges rule.
Brief by WorldPing · Original reporting by Ars Technica
The 9th U.S. Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a 3rd Circuit ruling from April.
Brief by WorldPing · Original reporting by CNBC World
WorldPingThis latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the matter.
Brief by WorldPing · Original reporting by CoinDesk
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