Nevada takes a victory lap after Kalshi's Ninth Circuit loss

Nevada is presenting Kalshi’s Ninth Circuit loss as a win for state gambling enforcement, according to gamblerss.com. The dispute concerns states’ authority over the platform’s sports contracts.

A ruling with consequences beyond two states

The Sept. 25 ruling allowed Ohio and Tennessee to regulate Kalshi’s sports contracts, according to gamblerss.com. Its significance also extends to Nevada.

The outlet reports that the decision cleared Nevada to enforce its gambling laws against Kalshi and Robinhood. That puts Nevada’s enforcement authority alongside the regulatory powers recognized for Ohio and Tennessee.

The available summary of the report, published Oct 12, 2026 · 10:39 PM ET, does not explain the court’s reasoning or identify subsequent enforcement steps. It therefore establishes an opening for state action, rather than documenting what Nevada has done with it.

What it means for prediction markets

• State authority is the central issue: The reported ruling permits Ohio and Tennessee to regulate Kalshi’s sports contracts and clears Nevada to apply its gambling laws.
• The implications extend beyond Kalshi: Robinhood is also named in the summary’s description of Nevada’s enforcement reach.
• Permission is not implementation: The available material does not establish whether Nevada has taken new enforcement action or whether contract availability has changed.