Nevada

Company

Last mentioned: Mar 3, 2026

Timeline

  1. Anticipated State Hearing

    Expected date for initial state court arguments regarding the legality of prediction markets in Nevada.

  2. Federal Remand Issued

    Judge sends cases back to Nevada state court, shifting jurisdiction to local gaming regulators.

  3. Injunction Threat

    Nevada authorities signal intent to file for immediate temporary injunctions against both platforms.

Stories mentioning Nevada 1

regulation Bearish

Nevada Court Ruling Threatens Trading Halt for Kalshi and Polymarket

A federal judge has remanded Nevada's legal challenges against Kalshi and Polymarket to state court, clearing the path for regulators to seek immediate trading halts. The decision intensifies pressure on prediction markets as authorities investigate concerns over insider trading and unfair information advantages.

2 sources