Last mentioned: Mar 20, 2026
TRO Expiration
The 14-day temporary restraining order is set to expire unless extended or converted to a preliminary injunction.
TRO Expiration
The 14-day temporary restraining order is set to expire unless extended or converted to an injunction.
Expected Hearing
The 14-day TRO window expires, likely leading to a hearing on a preliminary injunction.
Mid-Point Review
Expected legal filings from Kalshi's counsel at Sidley Austin to challenge the order.
TRO Issued
Judge Woodbury signs the order blocking Kalshi operations in Nevada after NGCB filing.
Public Disclosure
The Nevada Gaming Control Board provides a copy of the order to the media; Kalshi declines to comment.
TRO Issued
Judge Jason D. Woodbury signs the order blocking Kalshi in Nevada.
TRO Issued
Judge Jason D. Woodbury signs a temporary restraining order against Kalshi in Carson City.
Regulator Statement
Nevada Gaming Control Board confirms the order, citing lack of state gaming licensure.
Judge Michael Liburdi denies Kalshi's request to block state action.
Truth Social scheduled to launch its crypto-based prediction market.
Criminal Charges Filed
Arizona AG Kris Mayes files 20-count document against Kalshi.
TRO Denied
Judge Michael Liburdi denies Kalshi's request to block state action.
Kalshi Response
Spokesperson Elisabeth Diana dismisses charges as meritless and an attempt to circumvent federal court.
Criminal Charges Filed
Arizona AG Kris Mayes files 20 criminal counts against Kalshi.
Injunction Denied
Judge Michael Liburdi denies Kalshi's request to block state-level legal actions.
Criminal Charges Filed
Arizona AG Kris Mayes files a 20-count criminal indictment against Kalshi.
Federal Support
The Trump administration signals a pro-prediction market regulatory stance.
Federal Court Victory
Kalshi wins the right to offer election contracts following a battle with the CFTC.
A Nevada state judge has temporarily barred prediction market Kalshi from operating within the state following a complaint by the Nevada Gaming Control Board. The regulator argues that Kalshi's event contracts for sports, elections, and entertainment constitute unlicensed gaming, setting up a jurisdictional clash between state gaming laws and federal commodities regulation.
A Nevada state judge has issued a temporary restraining order against Kalshi, siding with state regulators who argue the prediction market operates as unlicensed gambling. The move sets up a high-stakes legal battle over whether federal CFTC oversight preempts state-level gaming regulations.
A Nevada state judge has issued a temporary restraining order against Kalshi Inc., halting its prediction market operations in the state for up to two weeks. The move follows a challenge by the Nevada Gaming Control Board, which argues that Kalshi's contracts constitute unlicensed gambling rather than federally regulated commodities trading.
Arizona has filed 20 criminal charges against Kalshi, alleging the platform operates an illegal gambling business by offering bets on elections and college sports. The move marks a significant escalation in the jurisdictional battle between state authorities and federal regulators over the multi-billion dollar prediction market industry.
Arizona has filed 20 criminal counts against Kalshi, alleging the platform operates an illegal gambling business by offering bets on elections and college sports. The move marks a significant escalation in the jurisdictional battle between state gambling regulators and federal oversight of prediction markets.
Arizona has filed a 20-count criminal charging document against prediction market Kalshi, alleging the platform operates an illegal gambling business. The move marks a significant escalation in the jurisdictional battle between state authorities and the federal government over the oversight of multibillion-dollar wagering platforms.
CFTC Chairman Mike Selig has initiated a legal defense of the agency's jurisdiction over prediction markets, filing an amicus brief to counter state-level regulatory interference. The move signals a critical jurisdictional battle over the future of event contracts and decentralized forecasting platforms in the United States.
CFTC Chairman Mike Selig has initiated a legal defense of the agency's jurisdiction over event contracts, filing an amicus brief to counter state-level interference. The move signals a critical pivot in the regulatory landscape, aiming to establish a unified federal framework over fragmented state oversight.