Ninth Circuit rejects sports event contracts in 3–0 ruling
Regulation · SectorWire deskSource published
Summary
A federal appeals court in the United States ruled against sports event contracts on Friday. The decision was 3–0. The report also covered Kalshi's baseball-related moves and a dispute with the New York Times.
Why it matters
The ruling affects how prediction-market operators can offer sports event contracts in the US market.
Cite as: SectorWire, “Ninth Circuit rejects sports event contracts in 3–0 ruling”, 28 August 2026, https://sectorwire.news/item/ninth-circuit-rejects-sports-event-contracts-in-3-0-ruling/
Key facts
- Parties
- Kalshi · Ninth Circuit Court of Appeals
- Market
- USA