Yagmur Canel
Content Manager
A Nevada judge has officially extended the ban on Kalshi’s prediction market operations, upholding a prior ruling that classified the platform’s event-based contracts as unlicensed gambling. The decision, handed down in early April 2026, marks a major setback for the operator in its ongoing jurisdictional battle with state regulators. The ruling follows a high-stakes legal challenge where Kalshi sought to overturn a temporary restraining order (TRO). Instead, the court reinforced the Nevada Gaming Control Board’s (NGCB) position, effectively barring the platform from offering sports, election, or entertainment-based wagering to Nevada residents for the foreseeable future. From TRO to Extended Ban: […]
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