Nevada Court Rules Kalshi Event Contracts Align With Gambling Laws
In recent developments, a Nevada judge has extended a ban on Kalshi, ruling its event contracts are indistinguishable from illegal gambling. Key Takeaways Judge Jason Woodbury issued a preliminary injunction…
Judge continues Nevada ban on Kalshi sports markets
In recent developments, a state judge ruled that Kalshi’s prediction markets offering sports bets were “indistinguishable” from gambling, and extended a temporary ban in Nevada. Looking closer, market participants highlight…
Nevada judge temporarily blocks Kalshi from operating in the state
In recent developments, a Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the state for 14 days. Looking closer, market…
Nevada Becomes First State to Ban Prediction Market Kalshi—At Least for Now
In recent developments, kalshi’s sports, politics, and entertainment prediction markets will be banned in Nevada for at least the next 14 days. The development has drawn attention from traders and…
Kalshi Ordered to Temporarily Stop Operations in Nevada
In recent developments, a State Judge signed a restraining order barring the company from offering some kinds of prediction market contracts in the state, as the battle between state and…
Appeals court denies Kalshi request to block Nevada enforcement action
In recent developments, uS gaming lawyer Daniel Wallach says a Nevada state court-issued restraining order against Kalshi appears imminent, preventing it from offering sports-related contracts. Looking closer, market participants highlight…
IMF Warns AI Will Supercharge Cyberattacks on Global Financial System
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