Nevada’s effort to block the prediction market platform Kalshi is moving through multiple courts, and that could have major ...
Nevada officials sued Kalshi, calling it an illegal betting website. The same day, a top Trump finance regulator said states ...
The Nevada Gaming Control Board filed a civil enforcement action against web-based prediction market Kalshi Tuesday, deeming its operations to be unlawful in Nevada.
The Trump administration, which has ties to the prediction market business, claims it has the sole right to enforce it.
If Nevada succeeds, it would become the second state to secure a court order blocking Kalshi from offering sports event ...
A Ninth Circuit judge denied the company's emergency motion for an administrative stay, making it more likely it gets booted from Nevada.
Nevada regulators sue Kalshi alleging its event contracts amount to unlicensed sports betting under state gaming laws.
Nevada gaming regulators have filed a lawsuit against prediction market operator Kalshi, seeking to block it from offering ...
States are scoring victories against prediction markets when they invoke congressional intent, said a legal expert—and losing when they focus on narrower legal definitions.