Analysis: Amidst legal turmoil, Kalshi is temporarily banned in Nevada
It's the latest escalation in a regulatory battle over the future of prediction markets. Kalshi isn’t having a very good week. On Tuesday, the Attorney G…
It's the latest escalation in a regulatory battle over the future of prediction markets. Kalshi isn’t having a very good week. On Tuesday, the Attorney General of Arizona filed a 20-count criminal complaint against the online prediction market, accusing it of running an illegal gambling business in the state. Now, another southwestern state has taken a big swing at the company: a judge in Nevada has temporarily banned the service from operating in the state as part of an ongoing court cas…
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