2026 Membership Book FINAL

Case 2:25-cv-00575-APG-BNW Document 57 Filed 05/14/25 Page 23 of 25

ii. The NRA’s Defense Shares a Common Question of Law with the Current Case.

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Rule 24(b)(1)(B) also requires the applicant to show that its claim or defense “shares a

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common question of law or fact with the main action.” Glickman , 159 F.3d at 412. The reasons

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provided in support of intervention by right also support permissive intervention because they

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demonstrate the commonality between the NRA’s legal arguments and those existing in the

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current case. The NRA seeks to intervene to defend Nevada’s state law authority to regulate in -

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state sports betting operators — including Kalshi —against Kalshi’s preemption argument based on

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the CEA. “Because this is the precise claim at issue” in Kalshi’s complaint (and motion for

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preliminary injunction), PEST Comm. , 648 F. Supp. 2d at 1214; see ECF No. 1 at 15-16; ECF No.

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18 at 12- 21, and the NRA “raises arguments in response to” Kalshi’s lawsuit, Paher v. Cegavske,

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3:20-cv-243-MMD-WGC, 2020 WL 2042365, at *3 (D. Nev. Apr. 28, 2020), there is a common

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question of law between the NRA’s defense and the current case.

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Further, the NRA has significant and unique interests that directly relate to the questions

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raised in this case and the NRA should therefore be permitted to represent those interests before

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this Court. As explained supra Sections III(A) and III(B)(i), the NRA’s members, through their

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investments in licensure, have an interest in a well and uniformly regulated market in which to

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operate through their licenses. Anything less will erode public confidence and trust in Nevada’s

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gaming industry, which is vital to Nevada’s economy and the welfare of its residents. See NRS

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463.0129(1)(a)-(c). Not only does the NRA seek to protect the Nevada gaming industry and the

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general welfare of the state, it also has an interest in protecting its own members. Those members,

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including some of the larging gaming establishments in the state, have worked for decades to earn

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the public’s trust and build their reputation in an industry that, absent regulation, is susceptible to

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potential fraud and scandal. Kalshi’s circumvention of Nevada’s regulatory scheme risks an

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increase in sports betting scandals, which will come at the costs of both Nevada residents and the

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NRA’s members well -earned reputations.

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