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.
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.
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.