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Coverage dated August 28, 2026

Court hands states a win in fight over who regulates prediction markets

Headline from CBS News

Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.

CBS News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

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Reports & sources

7 articles, oldest first.

  1. Nevada Independent

    Federal appeals court allows Nevada to ban Kalshi and other prediction markets (opens Nevada Independent)

    Published

    Nevada Independent's feed description

    The 9th Circuit panel wrote it disagreed "with Kalshi's overly broad reading" that the Commodity Exchange Act allows it to offer sports event contracts.

  2. The New Republic

    Three Trump-Appointed Judges Deliver Major Blow to Kalshi (opens The New Republic)

    Published

    The New Republic's feed description

    A federal court has dealt a serious blow to prediction markets, ruling that Kalshi can’t block the state of Nevada from regulating its platform. The Ninth Circuit ​Court of Appeals in San Francisco ​ruled 3-0 against Kalshi Friday, saying that federal commodity training law doesn’t block Nevada from…

  3. Philadelphia Inquirer

    Federal appeals court panel gives Nevada a win in its fight to regulate prediction market Kalshi (opens Philadelphia Inquirer)

    Published

    Philadelphia Inquirer's feed description

    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

  4. CBS News

    Court hands states a win in fight over who regulates prediction markets (opens CBS News)

    Published

    CBS News's feed description

    Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.

  5. Las Vegas Review-Journal

    Federal appeals court rules Nevada can regulate Kalshi (opens Las Vegas Review-Journal)

    Published

    Las Vegas Review-Journal's feed description

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

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.