Kalshi Ninth Circuit lawsuit

Nevada Uses North Carolina Tax to Undermine Kalshi’s Preemption Case

Post author By Leo Falsafi
Post date 2026/08/24

Nevada Uses North Carolina Tax to Undermine Kalshi's Preemption Case

Discover how Nevada regulators are leveraging North Carolina’s new 6% prediction market tax to dismantle Kalshi’s federal preemption defense in a high-stakes Ninth Circuit legal battle.

Tags CFTC event contracts jurisdiction, Commodity Exchange Act preemption, Kalshi Ninth Circuit lawsuit, Kalshi preemption case, Nevada prediction market regulations, North Carolina Senate Bill 257 tax, State vs federal gaming regulation