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fromReadWrite
1 week ago

Nevada seeks remand in Kalshi lawsuit dispute amid federal debate

Nevada officials want a federal judge to send their lawsuit against KalshiEX, LLC back where it started, in state court. In an emergency motion filed Wednesday (February 18) in the U.S. District Court for the District of Nevada, the State of Nevada, acting through the Nevada Gaming Control Board, asked Chief U.S. District Judge Andrew P. Gordon to remand the case after Kalshi removed it from state court.
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fromBusiness Insider
1 week ago

Nevada sues Kalshi as federal regulators say back off

Nevada regulators sued Kalshi, alleging its rapid growth amounts to unlicensed sports betting and seeking to halt its prediction-market operations.
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fromReadWrite
3 weeks ago

Nevada state court issues temporary restraining order against Polymarket

A Nevada judge issued a 14-day temporary restraining order barring Polymarket from state contracts and held that prediction markets must comply with Nevada gaming law.
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