A federal judge Monday sent Kalshi and Polymarket’s lawsuits against Nevada Gaming Control Board (NGCB) back down to a state court, but the two prediction markets quickly filed for appeals as they attempt to avoid state-level bans.
Judge Miranda Du of the U.S. District Court for Nevada determined that a state court should hear the NGCB’s attempts to ban both prediction markets from offering sports event contracts in the state.
Polymarket had already received a temporary restraining order (TRO) on Jan. 30, and already blocks access to its contracts in Nevada. Kalshi contracts remain available in all 50 states, but Nevada is pursuing a TRO against it as well, which could force it to block a state for the first time.
