Kalshi Loses Nevada Court Fight as Prediction Markets Battle Over Who Gets to Regulate Them (UPDATED)

August 28, 2026 · 10:14 pm 2 sources

Image: Ars Technica

Coverage

Coverage

• Court rules Kalshi sports bets aren't "swaps," just gambling with a different name
  Ars Technica · August 28, 2026 22:14
  Kalshi can't evade Nevada gambling laws by calling bets "swaps," judges rule.

More coverage

• Kalshi Loses Nevada Court Fight as Prediction Markets Battle Over Who Gets to Regulate Them (UPDATED)
  Yahoo Finance · August 29, 2026 02:31