Kalshi gets temporary Nevada ban in dispute over sports betting
Nevada regulators halted Kalshi’s betting contracts amid disputes over state versus federal control of prediction markets, with a key hearing set for April 3, court records show.
16 Articles
16 Articles
Nevada Judge Blocks Kalshi, Escalating Fight Over Prediction Markets
The post Nevada Judge Blocks Kalshi, Escalating Fight Over Prediction Markets appeared on BitcoinEthereumNews.com. A Nevada judge has temporarily blocked Kalshi from operating in the state, marking a new setback for the prediction market platform as state regulators push back against its event contracts. Judge Jason Woodbury granted a temporary restraining order that stops Kalshi from offering contracts to Nevada residents without a state licens…
Nevada Court Temporarily Blocks Kalshi from Operating in Nevada
A Nevada judge has halted Kalshi from operating in the state for now, ruling that the company’s prediction-market contracts could violate Nevada gambling laws by serving as unlicensed sports pools. The temporary restraining order (TRO) lasts 14 days and follows a Nevada Gaming Control Board action aimed at blocking Kalshi’s activity while the case unfolds. In issuing the TRO, Carson City District Court Judge Jason Woodbury aligned with the state…
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