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.
State Court Hearings
Nevada courts to determine if prediction markets violate state gaming statutes.
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.
Injunction Filing
Expected date for Nevada regulators to file for temporary trading halts.
Federal Remand
Judge sends Nevada's cases against Kalshi and Polymarket back to state court.
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.
A federal judge has remanded Nevada's legal challenges against prediction markets Kalshi and Polymarket back to state court, clearing the way for local regulators to pursue temporary injunctions. This move intensifies the regulatory pressure on event-driven trading platforms as they face mounting scrutiny over potential insider trading and market integrity.