Ninth Circuit deals blow to Kalshi in Nevada sports betting fight, challenging CFTC’s exclusive jurisdiction claim
An appeals court sided with a lower court's ruling that Kalshi failed to show that the federal government preempts Nevada’s authority.
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Fresh in the current trading session. Multiple named entities are involved.
Why this matters
Kalshi is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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