Nevada moves to block prediction market Kalshi after 9th Circuit ruling clears way
Nevada moves to block prediction market Kalshi after 9th Circuit ruling clears way Control board lawyers say the company’s sports contracts are unlicensed wagering, which harms the public and poses an existential threat to the gaming industry. Howard Stutz February 17th, 2026 at 5:25 PM Pedestrians walk near a Kalshi billboard offering odds on the outcome of the 2024 presidential election in front of the Miracle Mile Shops at Planet Hollywood on Nov. 5, 2024. (Jeff Scheid/The Nevada Independent) Prediction market Kalshi can now be banned from offering sports contracts in Nevada after the 9th Circuit Court of Appeals ruled in favor of the state’s Gaming Control Board on Tuesday. The one-page ruling backed the November decision of a federal judge, who ordered Kalshi to stop offering sports contracts in the state. The ruling was appealed, and Kalshi was still available to Nevada customers, including a week ago during the Super Bowl. Nevada saw its lowest wagering total on the game in 10 y...