Katten Muchin Rosenman·FINANCIAL REGULATION
Ninth Circuit's Kalshi Ruling Creates Circuit Split, Speeding Supreme Court Review
The Ninth Circuit's unanimous decision allowing Nevada to enforce gambling laws against prediction-market Kalshi creates a split with other circuits on sports-event contract regulation, making Supreme Court review more plausible.
prediction-marketskalshininth-circuitcircuit-splitsupreme-courtcftc-regulationgambling-lawfinancial-markets
Read the original firm alert → Wednesday, September 2, 2026