Kalshi's Legal Battle: Navigating the Complexities of Gaming Regulation
Published on: Nov. 26, 2025, 7:14 p.m. | Source: Devdiscourse
Federal Judge Andrew Gordon ruled that Kalshi, a prediction market platform, must comply with Nevada gaming rules, impacting its sports betting contracts. Kalshi argued its operations fall under the CFTC's jurisdiction, but the judge deemed this as avoiding state regulation. Kalshi is currently appealing the decision.
