Kalshi gets temporary Nevada ban in dispute over sports betting
Nevada regulators halted Kalshi’s betting contracts amid disputes over state versus federal control of prediction markets, with a key hearing set for April 3, court records show.
19 Articles
19 Articles
Nevada Temporarily Bans Kalshi Sports Event Contracts Until At Least April 3
A temporary restraining order has banned certain Kalshi contracts until at least Friday, April 3 Kalshi lifted its sports event, entertainment, and election contracts from the state on Saturday, April 4 The Court of Appeals for the Ninth Circuit last week denied a stay request from Kalshi in Nevada Kalshi sports event, entertainment, and election contracts have been banned in Nevada until at least Friday, April 3. The First Judicial District Cou…
Kalshi Forced Out of Nevada But April 3 Hearing Offers a Way Back In
Kalshi officially exited Nevada on Saturday, March 21, after a state court judge issued a temporary restraining order the day before barring the prediction market from operating in the state. An email to Nevada customers on Saturday morning explained: “Due to a temporary court order, our markets related to sports, entertainment, and elections are being restricted in Nevada. You can still sell your positions or wait for them to resolve, but you w…
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