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Wire · regulatory

Ninth Circuit rejects Kalshi's logic, sides with Nevada on regulation of sports betting

29 August 2026 · By · Wire by Fusion42

Published

29 August 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at 8newsnow.com →

◆ Verified

Fusion42 · 29 August 2026 · Fusion42 review

The Ninth Circuit Court affirmed that Nevada's gaming regulations apply to Kalshi's sports betting platform, rejecting Kalshi's claim that the Commodity Exchange Act preempts state law by granting exclusive regulatory authority to the CFTC over sports event contracts.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 28 Aug 2026 and 29 Aug 2026.

◆ ◆ The Wire takeaway

You face clearer state-level regulatory risks in sports betting fintech after the Ninth Circuit rejected federal preemption claims. Adjust your compliance approach now to avoid state enforcement actions that supersede CFTC jurisdiction.

◆ Coverage

2 sources · first reported 28 Aug 2026 · latest 29 Aug 2026

◆ Related on Wire

◆ Topics

Fintechsports-bettingregulationCEACFTClegal-precedent