2026 Membership Book FINAL

Case: 25-7516, 01/23/2026, DktEntry: 33.1, Page 86 of 110

offering sports-related contracts to Nevada residents. 2-StateSER-78.

Kalshi has refused to take any steps to avoid enforcement. This Court

should reject its full-speed-ahead approach.

CONCLUSION

The Court should affirm.

Dated: January 23, 2026

Respectfully submitted,

/s/ Nicole A. Saharsky

Aaron D. Ford Attorney General of Nevada Heidi Parry Stern Solicitor General Jessica E. Whelan Chief Deputy Solicitor General— Litigation Sabrena K. Clinton Abigail L. Pace State of Nevada, Office of the Attorney General 1 State of Nevada Way, Suite 100 Las Vegas, NV 89119 (702) 486-3420

Nicole A. Saharsky Minh Nguyen-Dang Matthew Bisanz Mayer Brown LLP 1999 K Street NW Washington, DC 20006 (202) 263-3000

Rory K. Schneider Alexander S. Mendelson Mayer Brown LLP 1221 Avenue of the Americas New York, NY 10020 (212) 506-2500

Preston R. Michelson Mayer Brown LLP 71 S. Wacker Drive Chicago, IL 60606 (312) 782-0600

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