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[BUSINESS]■ STORY TIMELINE

APPEALS COURT UPHOLDS NEVADA'S RIGHT TO REGULATE KALSHI

A US appeals court has ruled against Kalshi's attempt to block Nevada from regulating its platform, determining that the prediction market platform cannot escape state gambling laws by rebranding bets as 'swaps.'

3 SOURCESFIRST SEEN AUG 28, 10:14 PM► READ THE ARTICLE
Ars Technica+0m

Kalshi can't evade Nevada gambling laws by calling bets "swaps," judges rule.

Hacker News+1h 18m

Article URL: https://azmirror.com/2026/08/28/9th-circuit-sides-with-states-in-kalshi-gambling-fight-potentially-reviving…

Engadget+19h 40m

The ruling shoots down Kalshi's attempt to block the state from regulating its platform.