Kalshi loses Nevada court fight over prediction market regulation
Prediction market Kalshi suffered a legal defeat in a Nevada court amid ongoing battles over regulatory authority.
- Kalshi lost a court fight in Nevada regarding prediction market regulation.
Sources
- Yahoo Finance — Kalshi Loses Nevada Court Fight as Prediction Markets Battle Over Who Gets to Regulate Them (UPDATED)
- The Hill — Appeals court rules states can regulate prediction market platforms like gambling
- CoinDesk — Kalshi takes legal blow in court ruling confirming state powers over prediction markets
- CNBC — U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court