Nevada Judge Extends Ban on Kalshi Prediction Markets
A Nevada court has prolonged restrictions on prediction market operator Kalshi, preventing the company from offering event-based contracts to residents without proper authorization under state gaming laws. The decision marks another step in a widening legal conflict between state regulators and companies that offer contracts tied to real-world outcomes. Judge Jason Woodbury announced during a hearing in Carson City that he intends to grant a preliminary injunction requested by the Nevada Gaming Control Board. This move will continue to block […] The post Nevada Judge Extends Ban on Kalshi Prediction Markets appeared first on World Casino News.
A Nevada court has prolonged restrictions on prediction market operator Kalshi, preventing the company from offering event-based contracts to residents without proper authorization under state gaming laws. The decision marks another step in a widening legal conflict between state regulators and companies that offer contracts tied to real-world outcomes. Judge Jason Woodbury announced during a hearing in Carson City that he intends to grant a preliminary injunction requested by the Nevada Gaming Control Board. This move will continue to block […]
The post Nevada Judge Extends Ban on Kalshi Prediction Markets appeared first on World Casino News.
