{"id":584729,"date":"2026-04-16T21:52:57","date_gmt":"2026-04-16T21:52:57","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/16\/after-kalshi-appeal-prediction-markets-fight-could-head-to-us-supreme-court\/"},"modified":"2026-04-16T21:52:57","modified_gmt":"2026-04-16T21:52:57","slug":"after-kalshi-appeal-prediction-markets-fight-could-head-to-us-supreme-court","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/16\/after-kalshi-appeal-prediction-markets-fight-could-head-to-us-supreme-court\/","title":{"rendered":"After Kalshi appeal, prediction markets fight could head to US Supreme Court"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDk4MDktMmRhMi03ZWRhLWJlNmMtYTI0YWQyNjZjZThhLmpwZw==.jpg\" alt=\"After Kalshi appeal, prediction markets fight could head to US Supreme Court\" class=\"type:primaryImage\" \/><\/p>\n<p>An appellate court is expected to reach a decision after hearing arguments from Kalshi and lawyers representing the state of Nevada.<\/p>\n<p>Some legal experts speculated that the state vs. federal jurisdiction battle over regulating prediction markets companies could soon be headed to the United States Supreme Court.<\/p>\n<p>On Thursday, the US Court of Appeals for the Ninth Circuit <a title=\"https:\/\/www.ca9.uscourts.gov\/media\/live-oral-arguments\/watch\/?id=15587064873322\" href=\"https:\/\/www.ca9.uscourts.gov\/media\/live-oral-arguments\/watch\/?id=15587064873322\" target=\"_blank\" rel=\"nofollow noopener\">heard<\/a> oral arguments from lawyers representing prediction markets platform Kalshi and Nevada authorities over the state&#8217;s ban on the prediction markets&#8217; event contracts. The appeal was over a lower court decision <a title=\"https:\/\/cointelegraph.com\/news\/nevada-judge-extends-kalshi-ban-unlicensed-gambling-ruling\" href=\"https:\/\/cointelegraph.com\/news\/nevada-judge-extends-kalshi-ban-unlicensed-gambling-ruling\">preventing Kalshi from offering certain event-based contracts<\/a> in Nevada, based on claims that the company needed a gaming license.<\/p>\n<p>The appellate judge overseeing Thursday\u2019s oral arguments and the lawyer for Kalshi acknowledged that there had been several state-level enforcement actions against the company and other prediction market platforms, including criminal charges filed in Arizona. However, last week a federal court <a title=\"https:\/\/cointelegraph.com\/news\/arizona-court-kalshi-gambling-enforcement-block\" href=\"https:\/\/cointelegraph.com\/news\/arizona-court-kalshi-gambling-enforcement-block\">blocked Arizona authorities<\/a> from enforcing the state\u2019s gambling laws on Kalshi\u2019s event contracts.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/prediction-markets-legal-fight-supreme-court-kalshi-appeal\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>An appellate court is expected to reach a decision after hearing arguments from Kalshi and lawyers representing the state of Nevada. Some legal experts speculated that the state vs. federal jurisdiction battle over regulating prediction markets companies could soon be headed to the United States Supreme Court. On Thursday, the US Court of Appeals for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":584730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-584729","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/584729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=584729"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/584729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/584730"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=584729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=584729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=584729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}