Federal Appeals Panel Sides With Nevada, Says State Can Bar Kalshi Sports Contracts

Ninth Circuit Court of Appeals says ‘Kalshi has a gambling problem’ A three-judge panel ruled on Friday that the federal law overseeing commodities trading does not trump a state’s right to regulate gambling, striking a blow to Kalshi in its attempt to block Nevada gaming regulators from taking action against the prediction market regulator. Friday’s […] The post Federal Appeals Panel Sides With Nevada, Says State Can Bar Kalshi Sports Contracts appeared first on Gambling Insider.

Source: Gambling Insider →

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