Nevada court bars Polymarket from offering event contracts
A Nevada court temporarily barred Polymarket from offering event contracts in the state after the Nevada Gaming Control Board argued they were unauthorised gambling. The order lasts at least 14 days, while Polymarket plans to oppose it and has reportedly withdrawn its Nevada offerings. The judge found the regulator had a reasonable prospect of winning the case.
The order tests whether prediction-market contracts fall under Nevada gambling law rather than federal commodities oversight.