Ninth Circuit rules sports event contracts as gambling on tribal lands in blow to Kalshi

17th September, 2026

Karry Lai

The appeals court held that the Commodity Exchange Act’s “exclusive” jurisdiction did not extend to Kalshi’s sports event contracts.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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