A Nevada judge upheld restrictions preventing Kalshi from offering its products to state customers without a licence, according to reports. The ruling extended the suspension through 17 April and requires the company to implement geolocation measures blocking Nevada users by 4 May.
Kalshi must block Nevada users unless it obtains a licence, affecting the market access of prediction-market operators.
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The Commodity Futures Trading Commission ordered designated contract markets to end US geofencing that conflicts with impartial-access requirements within 30 days, or explain why they cannot comply. The order puts exchanges offering sports-event contracts at odds with court orders restricting Kalshi in several states and on tribal lands. Chairman Michael S. Selig said derivatives markets must operate nationally.
Within 30 days, designated contract markets must end geofencing restrictions in the U.S. that violate “impartial access requirements,” or give reasons they cannot comply, the CFTC has ordered. CFTC Chairman Michael S. Selig said in a statement that derivatives markets "must operate on a uniform basis at a national scale" to serve the purposes of the Commodity Exchange Act.
A Michigan judge extended a restraining order against Kalshi's sports contracts and set a 12 August deadline to geofence the state or face $500,000 daily fines. The CFTC used emergency authority to order Kalshi to honour Michigan trades rather than cancel them. Kalshi also sought an injunction pending appeal in New York and paused its Washington appeal pending Ninth Circuit decisions.
Kalshi must introduce geofencing by 2 September under an order from Judge John McHale of King County Superior Court. The Washington ruling found the company was likely breaching state gambling laws, while tribal leaders argued sports contracts harmed their economies and sovereignty.
A US federal judge upheld the decision allowing the Coquille Indian Tribe to operate a casino in Medford, Oregon, rejecting a challenge by three other tribes. The ruling affirmed the Interior Department’s January 2025 decision to place about 2.4 acres in trust and authorise gaming there; the casino has operated since January 2025. The decision can be appealed to the US Court of Appeals for the DC Circuit.
US District Judge Amit P. Mehta rejected three tribes’ challenge last week, allowing the Coquille Indian Tribe to continue gaming in South Medford. He granted summary judgment to the federal government and Coquille, finding that the property qualified for gaming as restored lands under the Indian Gaming Regulatory Act.