Nevada News & Prediction Market Coverage
Track the latest Nevada news across prediction markets. Prediction News is following 24 active Nevada stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
CFTC issues twin proposals classifying event contracts as swaps
TechFormer CFTC counsel says Supreme Court likely to take Kalshi sports contracts case
LegalKalshi petitions full Sixth Circuit as NFL amicus deepens event-contract circuit split
LegalSixth Circuit rules Kalshi sports contracts subject to Ohio and Tennessee gambling laws
LegalSupreme Court holds off on prediction market preemption petitions as NFL weighs in
LegalNinth Circuit backs Nevada gaming authority over event contracts
LegalNevada attorney opposes Kalshi bid to delay Ninth Circuit rehearing
LegalNew York and Polymarket file dueling lawsuits over state gambling authority
TechBLLB opens Prediction Vegas, a permanent prediction-market lounge on Strip
LegalNew Jersey, Robinhood, and Crypto.com petition Supreme Court on sports event contract preemption
LegalWashington's March suit against Kalshi tests federal preemption of gambling laws
LegalKalshi and Montana dismiss federal lawsuits over state gambling authority
LegalRobinhood halts Michigan sports event contracts under state gaming board deal
LegalNinth Circuit rules Kalshi sports contracts likely illegal on California tribal lands
LegalNevada extends preliminary injunction blocking Kalshi sports and election contracts
LegalAppeals court rejects Kalshi bid to block Nevada gaming oversight
LegalKalshi seeks en banc rehearing after Ninth Circuit lets Nevada regulate it as gambling
LegalNew Jersey asks Supreme Court to settle who regulates Kalshi sports contracts
LegalNew Jersey asks Supreme Court to settle Kalshi sports-contracts fight
LegalFederal appeals court lets Nevada regulate Kalshi as gambling
LegalNevada cites North Carolina tax law to undercut Kalshi preemption claim
OpinionKalshi and Polymarket push into drug and TV betting amid insider-trading and tax warnings
LegalNevada seeks $120K daily fine as Kalshi claims federal law breach
OpinionNevada regulator and lawmakers target casino-style prediction markets
Frequently Asked Questions
Why is Nevada blocking Kalshi and Polymarket?
Nevada regulators and courts view event contracts on sports, elections, and entertainment as wagering under state law, requiring gaming licenses that the platforms lack.
Has Nevada issued injunctions against prediction markets?
Yes, courts have granted preliminary injunctions against Kalshi and Polymarket ordering geofencing of Nevada residents, with deadlines such as May 4 for Kalshi compliance.
Is Nevada seeking contempt against Kalshi?
Yes, regulators filed a motion for a contempt order alleging violation of a May 18 amended preliminary injunction by failing to properly geofence users.
What is Nevada's position on CFTC-regulated event contracts?
The Gaming Control Board maintains that these contracts fall under state gambling statutes rather than exclusive federal oversight, bypassing sports betting regulations.
How does Nevada's action affect other states?
The injunctions and rulings provide templates and precedent for other state gaming boards to seek similar geofencing or blocks against prediction market platforms.