5th Circuit Court of Appeals stories

Sep 25, 2026

Kalshi loses court fight as states win power to regulate sports prediction markets

The 6th US Circuit Court of Appeals ruled on September 25 that states can apply local gambling laws to Kalshi's sports event contracts, rejecting the prediction market provider's argument that federal law preempts state regulation.

Sep 25, 20263 sources

Aug 12, 2026

Appeals court strikes down No Surprises Act payment calculation method

The 5th Circuit Court of Appeals ruled that insurers cannot include ghost rates or exclude bonus payments when calculating the qualifying payment amount used to determine reimbursement for out-of-network bills, a major win for healthcare providers that could increase their payments.

Aug 12, 20263 sources

Jul 17, 2026

Third Circuit declares New Jersey assault weapons ban unconstitutional

A federal appeals court ruled that New Jersey's law barring possession of semiautomatic rifles like AR-15s and large capacity magazines violates the Second Amendment.

Jul 17, 20261 source

Top claims

▪The 6th U.S. Circuit Court of Appeals ruled that Kalshi's sports contracts do not meet the statutory definition of a swap because sports results are not inherently associated with a financial, economic, or commercial consequence
▪The 6th U.S. Circuit Court of Appeals ruling on Kalshi's sports contracts, issued September 25, 2026, deepens a circuit split, joining the 9th Circuit in siding with states, while the 3rd Circuit previously ruled that the CFTC had jurisdiction
▪The 6th U.S. Circuit Court of Appeals rejected examples of a Spanish soccer club and a bar hedging risks cited by an industry group backing Kalshi, calling them isolated examples that do not establish sports contracts as inherently financial

Subtopics

Constitutional law1 Crypto prediction markets1 Crypto regulation1 Federal court rulings1 Federal preemption1 Healthcare Access and Insurance1 Legal conflict over Kalshi's sports betting contracts1 Medical billing1 Public healthcare1 Second Amendment1 State-level AI regulation1 US healthcare regulation1

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