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Ninth Circuit deals blow to Kalshi in Nevada sports betting fight, challenging CFTC’s exclusive jurisdiction claim

The Block
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Ninth Circuit deals blow to Kalshi in Nevada sports betting fight, challenging CFTC’s exclusive jurisdiction claim

An appeals court sided with a lower court's ruling that Kalshi failed to show that the federal government preempts Nevada’s authority.

Key Takeaways

  1. An appeals court sided with a lower court's ruling that Kalshi failed to show that the federal government preempts Nevada’s authority.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on The Block

Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.