Latest

Checked Oct. 21, 2026

Operator v. state

KalshiEX, LLC v. Bird

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.

Open question

Resolved

  1. Will a federal judge grant Kalshi a preliminary injunction against Iowa?

    Judge Locher denied Kalshi's preliminary injunction. Kalshi appealed to the Eighth Circuit. S.D. Iowa No. 4:26-cv-00109. Source: Courthouse News

    No

Docket timeline

  1. Appeal docketed; briefing schedule set.

    Source: dockets.justia.com

Sources

  1. Justia docket: KalshiEX v. Bird, 8th Cir. 26-2874