A US District Court in Nevada dissolved an earlier injunction that had allowed Kalshi to continue offering sports event contracts. The available report text provides no further details about the court's ruling or Nevada's next steps.
Operators face the possibility of Nevada action against sports event contracts after the court dissolved Kalshi’s injunction.
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Nevada’s Gaming Control Board is seeking a state-court injunction against Kalshi, alleging that its prediction-market platform offers illegal sports wagering. The board has shifted its legal effort to state court; a Nevada court had ordered Kalshi to suspend activity temporarily while the case proceeds.
Nevada’s Gaming Control Board filed a civil enforcement action against Coinbase Financial Markets in Carson City on 2 February 2026, alleging unlicensed gambling activity. The Board is seeking a permanent injunction and declaratory judgment to stop the company offering event contracts to Nevada residents; Coinbase’s response is not stated in the source.
Nevada’s Gaming Control Board filed a civil enforcement action against Kalshi, seeking to bar the prediction market operator from doing business in the state. The board says Kalshi’s sports and other event contracts constitute wagering that requires a state licence; the action followed a federal appeals court ruling and the lifting of an injunction.
Nevada state defendants said in a court status report filed on 10 February that they intend to begin state-court proceedings against Kalshi on 17 February 2026. The report says regulators argue the platform’s event contracts amount to unlicensed sports betting; Kalshi maintains that federal law pre-empts state gaming regulation of its markets.
Nevada's Gaming Control Board filed a civil enforcement action against Blockratize, the company behind Polymarket, alleging that its sports-related event contracts amount to unlicensed wagering in Nevada. The Board says such contracts require a state licence and considers the platform's operations unlawful in the state.