Kalshi Sports Contracts Blocked by Judge | Las Vegas News

A federal judge has shut down Kalshi’s sports betting contracts, declaring them illegal gambling—even if the company rebrands them. The court ruled that users could place bets resembling prop bets and parlays, triggering federal gaming prohibitions. Kalshi argued federal regulation overrides Nevada’s laws, but the judge rejected that, noting federal rules explicitly ban such contracts. Nevada regulators had previously ordered Kalshi to stop serving Nevada users, which it claimed to have done via geofencing—but regulators say compliance was incomplete. Kalshi blames Nevada casinos, while the gaming board defends its stance as protecting public funding for education and healthcare. The Ninth Circuit spared Kalshi’s election contracts, sending that dispute back to lower courts. No official statements from either side have been released yet. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/76f3bab44ee1dedc