Federal Judge Sides with Kalshi in Nevada Prediction Market Dispute

Kalshi, a federally regulated prediction market platform, has secured a key legal victory in its battle with Nevada regulators, winning a preliminary injunction that allows it to continue operating in the state for now. The ruling, issued by U.S. District Court Judge Andrew P. Gordon, halts the state’s enforcement of a cease-and-desist order while the […]

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Apr 10, 2025 - 09:10
Federal Judge Sides with Kalshi in Nevada Prediction Market Dispute

Kalshi, a federally regulated prediction market platform, has secured a key legal victory in its battle with Nevada regulators, winning a preliminary injunction that allows it to continue operating in the state for now. The ruling, issued by U.S. District Court Judge Andrew P. Gordon, halts the state’s enforcement of a cease-and-desist order while the […]