Stephen Piepgrass, a partner in Troutman Pepper Locke’s Regulatory Investigations, Strategy + Enforcement Practice Group, was quoted in the September 17, 2026, Gaming America article, “California Tribes Win Battle Against Kalshi as Fight Heats Up in Texas.”

  • Companies stand a better chance of appealing in the Ninth Circuit, according to lawyer Stephen Piepgrass of legal firm Troutman Pepper Locke.
  • “In recent years, the Supreme Court has shown a willingness to reverse decisions from the Ninth Circuit. If you are a platform operator looking at the odds, you would prefer to be appealing an adverse decision out of the Ninth Circuit to this Supreme Court, more than just about any other,” Piepgrass said.