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Ninth Circuit Rules Kalshi’s Sports Bets Fall Under State Control | Sacramento News
Kalshi’s prediction market dreams just hit a legal speed bump as the Ninth Circuit rules Nevada can regulate its sports bets—calling them gambling, not commodities. With conflicting rulings already from other circuits and 20 states tangled in legal battles, this case is primed for the Supreme Court, pitting state control against federal claims. Nevada celebrates the win as a victory for consumer protection, while Kalshi vows to fight back, arguing federal law still shields them. The showdown isn’t over—and it’s getting louder. Listen in comfort:Get a discount on a Soli Pillow…
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