By The Weekly Edge desk ·
The Ninth Circuit Court of Appeals backed Nevada in its dispute with Kalshi, reported by EGR North America. The ruling allows Nevada to enforce its gaming laws against Kalshi.
The ruling permits Nevada to apply its gaming laws to Kalshi’s operations in the state.
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The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
Four additional tribal agreements give tribes app ownership and customer management while Kalshi supplies exchange services.
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
The agreements give Kalshi advertising exposure and fan engagement opportunities across five MLB teams.
The partnerships create commercial opportunities for tribal operators while legal disputes over sports event contracts remain unresolved.
The case could affect whether states can regulate sports prediction markets and the safeguards operators face.