Nevada Extends Kalshi Ban, a Big Win for Regulators
The temporary restraining order against Kalshi in Nevada is now a preliminary injunction, meaning it stays in effect until the case concludes.
Ian St. Clair is a lover of words, vocal or written. Naturally, that makes Ian a great communicator and leader. Ian is curious and driven, always looking to improve, and always welcomes a challenge. Ian is authentic, possesses high-level emotional intelligence, and knows just when to crack a joke. A University of Northern Colorado graduate, Ian is now an expert in the online gambling field in the US, where he's been for over five years. Ian also has over a decade of journalism experience covering college and professional athletics, as well as the symphony and theater. Ian's a lover of history, news, and bacon. Oh, and tacos.
The temporary restraining order against Kalshi in Nevada is now a preliminary injunction, meaning it stays in effect until the case concludes.
Several states are currently considering legislation that will impact sweepstakes casinos and prediction markets as sports betting expands.
With the legality of prediction markets and other online gaming still in question, court decisions could have a major impact on gaming.
Texas Lt. Gov. Dan Patrick has directed a Senate committee to research prediction markets, a sign they'll be a legislative priority next year.
Many bettors in Wisconsin are preferring to drive into neighboring states that offer legal online gambling than to wager at local casinos.
Two lawsuits filed last week claim the platforms of FanDuel, DraftKings, and others are designed to turn bettors into gambling addicts.
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