US appeals court sides with Nevada in legal fight with Kalshi

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

Disputes involving KalshiEx LLC and other prediction markets appear to be headed for U.S. Supreme Court showdown after latest Appeals Court ruling.

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

A federal appeals court panel is refusing to let prediction market operator Kalshi restart trading on elections and sporting events in Nevada while it fights the state’s effort to shut it down until it gets a license from state gambling regulators

Kalshi cannot block Nevada oversight of prediction markets, US appeals court rules  Reuters

LONDON, Aug 26 : Appeal court judges will take two to three weeks to decide the final results of June's Monaco Grand Prix after a hearing on Tuesday, Formula One's governing body said.The FIA's international court of appeal met behind closed doors in Paris in a case that will determine whether third place stays with Al