Nevada Judge Extends Injunction Against Kalshi Sports Prediction Markets

A Nevada court granted a preliminary injunction against Kalshi and extended a temporary injunction blocking sports, entertainment, and election prediction contracts in the state. Judge Jason Woodbury said buying baseball game contracts on Kalshi was indistinguishable from unlicensed sports betting. The ruling keeps restrictions in place in Nevada while the broader case continues.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.