Ninth Circuit denies Kalshi appeal against Nevada
Regulation · SectorWire deskSource published
Summary
The US Court of Appeals for the Ninth Circuit denied Kalshi's appeal against Nevada on Friday. The ruling is the prediction-markets operator's second loss at a federal circuit court in three attempts, according to the report.
Why it matters
The ruling keeps Nevada's action against Kalshi in place and tests how far prediction markets can operate outside state gambling regimes.
Cite as: SectorWire, “Ninth Circuit denies Kalshi appeal against Nevada”, 31 August 2026, https://sectorwire.news/item/ninth-circuit-denies-kalshi-appeal-against-nevada/
Key facts
- Parties
- Kalshi · Ninth Circuit
- Market
- USA