✉news WorldLaw & Courts first seen 18 h ago, last 25 min ago, peak #16
Nevada attorney opposes Kalshi's bid to delay rehearing
Original: Nevada: Attorney opposes Kalshi’s bid to delay rehearing due to CFTC rulemaking
A Nevada attorney has pushed back against Kalshi's request to postpone a rehearing in its dispute with the state, arguing the company cannot use the Commodity Futures Trading Commission's ongoing rulemaking as grounds for delay. The fight is part of the broader battle over whether Kalshi's event contracts constitute unregulated sports betting in Nevada.
Why now: The outcome could set a precedent for how states regulate Kalshi's prediction-market sports contracts.
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