Nevada Court Blocks Kalshi's Prediction Market Operations Amid Legal Battle
Published on: March 21, 2026, 1:37 a.m. | Source: Devdiscourse
A Nevada judge has halted Kalshi from offering events contracts, preventing residents from placing financial bets on sports, elections, and entertainment. The Nevada Gaming Control Board argues these contracts constitute illegal gambling. Kalshi claims jurisdiction under the Commodity Futures Trading Commission, but the court maintains state authority.
