According to U.S. gaming and sports betting attorney Daniel Wallach, Nevada has opposed Kalshi's request to delay proceedings in the U.S. Ninth Circuit Court of Appeals, citing the wait for CFTC rulemaking as the reason. The state argued that the court's previous determination that the contracts in question do not qualify as swaps was based on the 'text, context, and legislative purpose' of the Commodity Exchange Act, and that CFTC rulemaking would not alter this conclusion. Nevada also accused the request of being a 'stalling tactic' aimed at prolonging what it claims is Kalshi's illegal operation. https://(wublock123.com)/news/nevada-opposes-kalshi-delay-cftc-rulemaking-appeal-69463