# US Court of Appeals for the 9th Circuit

Type: Company

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/us-court-of-appeals-for-the-9th-circuit
Canonical HTML page: https://getlegalbrief.com/entity/us-court-of-appeals-for-the-9th-circuit

## Timeline

- **2026-08-28**: Ninth Circuit rules against Kalshi — A unanimous three-judge panel of the Ninth Circuit affirmed a district court order allowing Nevada to enforce state gaming laws against Kalshi's sports event contracts, rejecting the argument that they are swaps under the Commodity Exchange Act.
- **2026-08-28**: Nevada Gaming Control Board and Governor respond — The Nevada Gaming Control Board said the ruling emphatically rejected CEA preemption for sports-event contracts offered by Kalshi, Crypto.com, and Robinhood, while Governor Joe Lombardo said such prediction markets constitute gambling.

## Recent coverage (1 stories)

### 3-0 Ninth Circuit Rules Kalshi Sports Bets Aren't Swaps, Deepening Circuit Split
2026-08-29 00:24:00 · Sentiment: Negative · Impact: 6/10 · Sources: 2

A unanimous Ninth Circuit panel ruled that Kalshi's sports event contracts are not swaps under the Commodity Exchange Act, affirming Nevada's authority to enforce state gaming laws. The decision directly conflicts with the Third Circuit's New Jersey ruling, raising the odds of Supreme Court review.
Full story: https://getlegalbrief.com/story/legal-kalshi-ninth-circuit-swap-ruling

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