Nevada Pauses Kalshi's Prediction Market Operations in 14-Day TRO
A Nevada court issued a 14-day restraining order barring Kalshi from offering sports, election, and entertainment event contracts in the state unless it obtains gaming licenses, intensifying the national regulatory fight over prediction markets; the case mirrors other state actions (Arizona charges; Ohio/Tennessee/Massachusetts disputes) and follows Kalshi's recent funding round that valued the company around $22 billion.
