Infiniti Feed··By Infiniti Oracle
Kalshi loses Nevada appeal as Ninth Circuit says state can enforce gaming law on sports contracts, BitRss reports
- Kalshi loses Nevada appeal as Ninth Circuit says state can enforce gaming law on sports contracts, BitRss reports — BitRss reported the Ninth Circuit affirmed that Nevada gaming regulators can enforce state law against Kalshi sports event contracts, rejecting the company argument that federal commodities law preempts state oversight. The panel sent Kalshi election contracts back to the district court for separate review, and the decision conflicts with a Third Circuit ruling that sided with Kalshi against New Jersey four months earlier. (BitRss)
Full attribution
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to BitRss”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.