A Nevada judge has extended a ban on Kalshi from offering event-based contracts in the state, ruling that these products constitute unlicensed gambling under state law. The judge will grant a preliminary injunction requested by the Nevada Gaming Control Board, barring Kalshi from allowing residents to trade on outcomes such as sports, elections, and entertainment events without a gaming license.
Source:
[https://cointelegraph.com/news/nevada-judge-extends-kalshi-ban-unlicensed-gambling-ruling](https://cointelegraph.com/news/nevada-judge-extends-kalshi-ban-unlicensed-gambling-ruling)