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Checked
Operator v. state
U.S. Court of Appeals for the Ninth Circuit, 25-7187
Decided
Bluebook
North American Derivatives Exchange, Inc. v. State of Nevada, Prediction Market Laws (last updated Oct. 21, 2026), https://predictionmarketlaws.com/lawsuits/nadex-v-nevada-9th-cir.
APA
Prediction Market Laws. (2026, October 21). North American Derivatives Exchange, Inc. v. State of Nevada. https://predictionmarketlaws.com/lawsuits/nadex-v-nevada-9th-cir
Decided for Nevada on Aug. 28, 2026; cert petition No. 26-344 pending.
The question
Whether the Commodity Exchange Act preempts Nevada gambling or sports-wagering law as applied to event contracts listed on a CFTC-designated contract market.
The exchange's appeal of the injunction denial was consolidated with Kalshi's and Robinhood's, argued April 16, 2026 and decided for Nevada on Aug. 28, 2026.
Next: responses due Nov. 1625 days
Docketed Sept. 15Nov. 16
Resolves Yes if the Court grants review in North American Derivatives Exchange v. Nevada, No if it denies the petition.
Supreme Court No. 26-344. Source: Supreme Court docket
No decision date set43 days since the petition
Petition filed Sept. 9Pending
Resolves Yes if the court grants rehearing en banc in KalshiEX v. Assad, No if it denies it.
Ninth Circuit No. 25-7516. Source: Court filing citing the petition (PDF)
Cert petition filed (No. 26-344).
Source: supremecourt.gov
Decision for Nevada.
Source: supremecourt.gov
Argued and submitted.
Source: dockets.justia.com
Consolidated with Nos. 25-7516 and 25-7831.
Source: dockets.justia.com
Appeal docketed.
Source: dockets.justia.com