6.7 Regulation 第九巡回法院裁定Kalshi体育赛事合约为博彩，允许内华达州监管预测市场，带来法律不确定性，或将提交最高法院。
美国第九巡回上诉法院一致裁定，撤销了此前保护Kalshi及其他预测市场平台免受内华达州博彩监管机构监管的初步禁令。法院认为，Kalshi、Crypto.com和Robinhood等平台提供的体育赛事合约属于体育博彩，而非《商品交易法案》(CEA)下的掉期合约，因此应受州博彩法律约束。 该裁决允许内华达州及其他州对这些平台实施博彩监管，即使它们已在美国商品期货交易委员会(CFTC)联邦注册。这一判决与新泽西第三巡回法院此前的裁决相左，造成法律分歧，可能需美国最高法院最终裁决。 此结果为预测市场行业带来重大不确定性，因为州监管机构现有权对联邦注册的事件合约平台进行监管或执法。
Kalshi Loses Bid to Block Nevada Regulation of Sports Prediction Market
US court rules Kalshi cannot block Nevada from regulating sports betting
Kalshi takes legal blow in court ruling confirming state powers over prediction markets
Ninth Circuit Says Kalshi Sports Contracts Aren’t Swaps, Splitting With Third Circuit
U.S. Appeals Court Rules Against Prediction Markets, Says Sports Contracts Are Sports Bets
Kalshi loses by unanimous decision and Nevada will be able to enforce its gaming laws
Ninth Circuit rules against Kalshi in 3-0 vote, letting Nevada enforce gaming laws on prediction markets
