Tuesday, 7 April, 2026
Nevada Judge Extends Ban on Kalshi’s Election Prediction Markets Amid Legal Battle
By Isha
A Nevada judge has extended a temporary restraining order against Kalshi, preventing the platform from offering election-based prediction markets within the state. The ruling follows concerns regarding the legality of wagering on political outcomes under state gaming laws. While Kalshi argues that its regulated exchange provides valuable data and hedging tools, Nevada officials maintain that such markets bypass established gambling oversight.
Read full story at Reuters