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Nevada urges Ninth Circuit to reject Kalshi’s CFTC-rulemaking delay
The state says a potential rewrite of the event-contract rule cannot undo the panel’s conclusion that Kalshi’s sports contracts are bets, not swaps.
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Kalshi’s Montana lawsuit is dismissed, but enforcement remains possible
A joint stipulation ends the federal case while requiring notice before Montana can pursue potential action against the prediction-market operator.
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Montana pauses Kalshi enforcement while Ninth Circuit rehearing petition is pending
The state will not pursue investigations or cease-and-desist action against the prediction-market operator during a defined review period, but the agreement leaves the legal dispute unresolved.
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Ninth Circuit says Kalshi sports contracts on tribal lands are likely illegal gaming
Appeals panel sent the tribes’ injunction request back for further review, while leaving intact the dismissal of their false-advertising claim.
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New Mexico tribes finish bid to block Kalshi on tribal lands
The Mescalero Apache Tribe and three pueblos say the prediction-market firm’s sports contracts undercut tribal compacts and federal law, while Kalshi points to CFTC authority and a recent Ninth Circuit ruling in Nevada.
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Ninth Circuit lets Nevada enforce gambling laws against Kalshi sports contracts
The court said the contracts were sports bets, not swaps, and rejected Kalshi’s bid to block Nevada regulators.