U.S. Court of Appeals for the Ninth Circuit, 25-7831
Decided
Decided for Nevada on Aug. 28, 2026; cert petition No. 26-338 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.
Consolidated with the Kalshi and Crypto.com appeals and argued April 16, 2026, the appeal was resolved for Nevada the same day as Kalshi v. Assad. Robinhood went directly to the Supreme Court.