Nevada Judge Reverses Earlier Win for Kalshi Amid National Legal Rift

A long-running legal fight between prediction market operator Kalshi and Nevada gaming officials took a dramatic turn this week after a federal judge reversed an earlier ruling that had shielded the company from state enforcement. The decision vacates a preliminary injunction granted in April and significantly complicates Kalshi’s efforts to continue offering sports-related event contracts […]

Nov 26, 2025 - 07:40
Nevada Judge Reverses Earlier Win for Kalshi Amid National Legal Rift

A long-running legal fight between prediction market operator Kalshi and Nevada gaming officials took a dramatic turn this week after a federal judge reversed an earlier ruling that had shielded the company from state enforcement. The decision vacates a preliminary injunction granted in April and significantly complicates Kalshi’s efforts to continue offering sports-related event contracts […]