Nevada Asks Ninth Circuit to Move Ahead in Kalshi Case

Nevada has opposed Kalshi’s request to delay proceedings on its rehearing petition in the Ninth Circuit while the CFTC develops proposed event-contract rules, keeping the state’s challenge to the platform’s operations before the court. The dispute is part of a broader fight over whether federal commodities law prevents Nevada from applying its gaming rules to Kalshi’s sports-event contracts. CDC Gaming reported that Nevada’s filing argues a coming revision to a CFTC rule would not change the leg