# Court rules Kalshi sports bets aren't "swaps," just gambling with a different name

# 法院裁定 Kalshi 体育投注不属"掉期合约", 只是换了名字的赌博

作者: Jon Brodkin | 分类: Policy, Kalshi, prediction market | 原文: arstechnica.com

时间: Fri, 28 Aug 2026 22:14:52 +0000

Kalshi today lost a major ruling over whether it can evade state gambling laws, as a federal appeals court found that Nevada can stop the prediction market from allowing sports bets. While the Trump administration is trying to help prediction markets avoid state regulation, a panel of three Trump-appointed judges unanimously ruled against Kalshi in today's decision from the US Court of Appeals for the 9th Circuit.

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