KalshiEX LLC v. Bird

Pending — pre-emptive suit9th Cir.Kalshi v. State

Last updated August 16, 2026. Snapshot — not legal advice.

Overview

Kalshi filed a pre-emptive federal suit (March 2026) against Attorney General Brenna Bird and the Iowa Racing and Gaming Commission (plus several commission members), seeking a declaratory judgment and injunction as the state weighed regulating prediction markets. No injunction has been granted; the case is at the trial-court stage.

Timeline

March 2026

Kalshi sues AG Bird and the Iowa Racing and Gaming Commission seeking a declaratory judgment and injunction.

What's next: At the trial-court stage; no injunction granted.

Parties

Plaintiffs

  • KalshiEX LLC

Defendants

  • Brenna Bird (Iowa Attorney General)
  • Iowa Racing and Gaming Commission
  • Commission members
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