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Nevada judge bars Kalshi event contracts until 3 April

Regulation

A Nevada state judge issued a temporary restraining order barring Kalshi from offering or facilitating sports, election and entertainment event contracts in the state, according to the report. The order remains in effect until 3 April, ahead of a preliminary-injunction hearing in Carson City. The Nevada Gaming Control Board argued that Kalshi’s markets should be licensed under state law, while Kalshi says its authority comes from the Commodity Futures Trading Commission.

The order temporarily prevents Kalshi from offering event contracts in Nevada while the state licensing dispute proceeds.

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Regulation

Nevada judge extends Kalshi restrictions through 17 April

A Nevada judge extended restrictions preventing Kalshi from offering event contracts to state residents without a gaming licence, according to the report on the 3 April hearing. The order remains in effect through 17 April while longer-term terms are prepared, and requires Kalshi to implement full geofencing controls by 4 May. Kalshi argued its contracts fall under federal oversight; the judge rejected that position.

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