Ninth Circuit rules against Kalshi as Polymarket offers Supreme Court hearing market
By SectorWire desk ·
Summary
The Ninth Circuit unanimously ruled against Kalshi on Friday. The outlet said an earlier Third Circuit ruling favouring Kalshi created a circuit split that could bring the dispute before the Supreme Court. Polymarket offers a market on whether the Supreme Court will hear the case.
Why it matters
Conflicting appellate rulings on Kalshi could bring the dispute before the Supreme Court.