U.S. Court of Appeals for the Eighth Circuit, 26-2874
Pending
Briefing stage: transcript due Oct. 27, 2026; Kalshi's opening brief and appendix due Nov. 6, 2026; appellees' brief due 30 days later. No motions or rulings listed.
The question
Whether the Commodity Exchange Act preempts Iowa gambling or sports-wagering law as applied to event contracts listed on a CFTC-designated contract market.
Kalshi's Eighth Circuit appeal from Judge Locher's denial of a preliminary injunction against Iowa officials.