{"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":"

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

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\"\"<\/a>\u00a0\"\"<\/a>\u00a0\"\"<\/a>\u00a0\"\"<\/a>\u00a0\"\"<\/a>\u00a0\"\"<\/a>\u00a0\u00a0<\/div>\n

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

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\"\"<\/a>\u00a0\"\"<\/a>\u00a0\"\"<\/a>\u00a0\"\"<\/a>\u00a0\"\"<\/a>\u00a0\"\"<\/a>\u00a0\u00a0<\/div>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/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":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23],"tags":[],"class_list":["post-161932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-com"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2026\/08\/legal-news-7GP6xA.jpg?fit=767%2C505&ssl=1","jetpack_sharing_enabled":true,"_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}]}}