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Kalshi Faces Nevada Ban Amid Illegal Gambling Charges

3/21/2026

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Summary

Story summary

Kalshi, the online prediction market operator, is temporarily banned in Nevada after a judge issued a 14-day restraining order, marking the first state-level ban.
Nevada's Gaming Control Board has challenged Kalshi since last year, arguing it operates illegally without gaming licenses.
Arizona's attorney general filed criminal charges against Kalshi for running an illegal gambling business.

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Story summary

Kalshi, the online prediction market operator, is temporarily banned in Nevada after a judge issued a 14-day restraining order, marking the first state-level ban.
Nevada's Gaming Control Board has challenged Kalshi since last year, arguing it operates illegally without gaming licenses.
Arizona's attorney general filed criminal charges against Kalshi for running an illegal gambling business.