{"id":161932,"date":"2026-08-31T15:32:55","date_gmt":"2026-08-31T23:32:55","guid":{"rendered":"https:\/\/xira.com\/p\/2026\/08\/31\/9th-circuit-says-nevada-can-regulate-kalshi-contracts-as-gambling-creating-circuit-split\/"},"modified":"2026-08-31T15:32:55","modified_gmt":"2026-08-31T23:32:55","slug":"9th-circuit-says-nevada-can-regulate-kalshi-contracts-as-gambling-creating-circuit-split","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2026\/08\/31\/9th-circuit-says-nevada-can-regulate-kalshi-contracts-as-gambling-creating-circuit-split\/","title":{"rendered":"9th Circuit Says Nevada Can Regulate Kalshi Contracts as Gambling, Creating Circuit Split"},"content":{"rendered":"<p>The appeals court, in a break from a sister circuit, held that sports event contracts are bets\u2014and not \u201cswaps,  which fall under the exclusive jurisdiction of the U.S. Commodity Futures Trading Commission under the federal Commodity Exchange Act.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" align=\"left\" border=\"0\" height=\"1\" width=\"1\" alt=\"\" hspace=\"0\" src=\"https:\/\/feeds.feedblitz.com\/~\/i\/968476292\/0\/law\/legal-news\" title=\"\"><\/p>\n<div><a title=\"Add to FaceBook\" href=\"https:\/\/feeds.feedblitz.com\/_\/2\/968476292\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fbshare20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Like on Facebook\" href=\"https:\/\/feeds.feedblitz.com\/_\/28\/968476292\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fblike20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Pin it!\" href=\"https:\/\/feeds.feedblitz.com\/_\/29\/968476292\/law\/legal-news,https%3A%2F%2Fk2-prod-alm.s3.us-east-1.amazonaws.com%2Fbrightspot%2F05%2F96%2F18e863cb4a0a84f346d9ed4faf71%2Fkalshi-website-jpg767x505.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/pinterest20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Stumble This\" href=\"https:\/\/feeds.feedblitz.com\/_\/12\/968476292\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/stumble20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Post to X.com\" href=\"https:\/\/feeds.feedblitz.com\/_\/24\/968476292\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/x.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Subscribe by RSS\" href=\"https:\/\/feeds.feedblitz.com\/_\/20\/968476292\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/rss20.png\" alt=\"\" title=\"\"><\/a>\u00a0\u00a0<\/div>\n<p>The appeals court, in a break from a sister circuit, held that sports event contracts are bets\u2014and not \u201cswaps,  which fall under the exclusive jurisdiction of the U.S. Commodity Futures Trading Commission under the federal Commodity Exchange Act.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" align=\"left\" border=\"0\" height=\"1\" width=\"1\" alt=\"\" hspace=\"0\" src=\"https:\/\/feeds.feedblitz.com\/~\/i\/968476292\/0\/law\/legal-news\" title=\"\"><\/p>\n<div><a title=\"Add to FaceBook\" href=\"https:\/\/feeds.feedblitz.com\/_\/2\/968476292\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fbshare20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Like on Facebook\" href=\"https:\/\/feeds.feedblitz.com\/_\/28\/968476292\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fblike20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Pin it!\" href=\"https:\/\/feeds.feedblitz.com\/_\/29\/968476292\/law\/legal-news,https%3A%2F%2Fk2-prod-alm.s3.us-east-1.amazonaws.com%2Fbrightspot%2F05%2F96%2F18e863cb4a0a84f346d9ed4faf71%2Fkalshi-website-jpg767x505.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/pinterest20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Stumble This\" href=\"https:\/\/feeds.feedblitz.com\/_\/12\/968476292\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/stumble20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Post to X.com\" href=\"https:\/\/feeds.feedblitz.com\/_\/24\/968476292\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/x.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Subscribe by RSS\" href=\"https:\/\/feeds.feedblitz.com\/_\/20\/968476292\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/rss20.png\" alt=\"\" title=\"\"><\/a>\u00a0\u00a0<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The appeals court, in a break from a sister circuit, held that sports event contracts are bets\u2014and not \u201cswaps, which fall under the exclusive jurisdiction of the U.S. Commodity Futures Trading Commission under the federal Commodity Exchange Act. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The appeals court, in a break from a sister circuit, held that sports event contracts are [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":161933,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-161932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-com"],"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/161932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=161932"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/161932\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/161933"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=161932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=161932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=161932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}