Latest
Checked Oct. 21, 2026
Operator v. state
U.S. District Court for the Southern District of Iowa, 4:26-cv-00109
Injunction denied
Judge Stephen H. Locher denied Kalshi's motion for a preliminary injunction on Sept. 8, 2026, finding Kalshi unlikely to succeed on its preemption claim; Kalshi filed a notice of interlocutory appeal on Sept. 15, 2026 (8th Cir. No. 26-2874).
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 sued Iowa officials to block enforcement of state gambling law against its sports contracts. After briefing that ran through July 2026, the court denied preliminary relief in September and Kalshi appealed.
Next: Kalshi's opening brief due Nov. 615 days
Appeal docketed Sept. 17Nov. 6
Resolves Yes if the court reverses or vacates the denial of Kalshi's preliminary injunction in KalshiEX v. Bird, No if it affirms.
Eighth Circuit No. 26-2874. Source: Court docket
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
Notice of interlocutory appeal.
Source: dockets.justia.com
Judge Locher denies the preliminary injunction.
Source: courthousenews.com
Complaint filed.
Source: dockets.justia.com