Nevada vs Kalshi Prediction Market | Reno News

Reno News Today | 2 Min News | The Daily News Now! · Aug 20, 2026 · 2m

Nevada is cracking down hard on Kalshi, accusing the prediction market giant of blatantly ignoring a court order to block its services in the state—despite multiple deadlines and even hiring a vendor for geofencing. The state claims investigators still placed bets on Kalshi’s platform using iPhones, citing specific wagers on sports, elections, and Oscars winners. Kalshi fires back, calling Nevada’s actions an abuse of power and alleging outdated app versions and fabricated evidence, suggesting the move is really about protecting casinos—not consumers. This isn’t Kalshi’s first rodeo…