Nevada Wins Appeal in Ongoing Kalshi Regulation Dispute
A federal appeals court has ruled that Nevada may continue enforcing its gaming laws against prediction market operator Kalshi, delivering a significant victory to state regulators and adding momentum to a growing national debate over who has authority to oversee event-based trading platforms. In a unanimous decision, a three-judge panel of the Ninth U.S. Circuit Court of Appeals found that Kalshi was unlikely to succeed in its argument that federal commodities law prevents Nevada from requiring the company to comply […] The post Nevada Wins Appeal in Ongoing Kalshi Regulation Dispute appeared first on World Casino News.
A federal appeals court has ruled that Nevada may continue enforcing its gaming laws against prediction market operator Kalshi, delivering a significant victory to state regulators and adding momentum to a growing national debate over who has authority to oversee event-based trading platforms. In a unanimous decision, a three-judge panel of the Ninth U.S. Circuit Court of Appeals found that Kalshi was unlikely to succeed in its argument that federal commodities law prevents Nevada from requiring the company to comply […]
The post Nevada Wins Appeal in Ongoing Kalshi Regulation Dispute appeared first on World Casino News.
