On the recordJuly 23, 2026
There is a strong public interest in preventing dangerous cross-border crimes, like human trafficking and drug smuggling.
There is a strong public interest in preventing dangerous cross-border crimes, like human trafficking and drug smuggling.
Discussing the importance of enforcing Prop. 314.
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This is a significant win for states’ authority to regulate gambling operations. Calling a sports bet a ‘swap’ doesn’t make it one.
Kalshi’s position would have effectively federalized sports betting regulation nationwide and swept aside decades of state and tribal oversight built to protect consumers from the real harms of unregulated gambling.