Amid legal turmoil, Kalshi is temporarily banned in Nevada

Photo: The Commodity Futures Trading Commission (CFTC). “… current federal [CFTC] officials have positioned themselves as protectors of the prediction industry.” Photo credit: G. Edward Johnson via Wikimedia Commons. CC BY 4.0 (resized photo to fit). Article by Lucas Ropek. TechCrunch – March 20, 2026.

Kalshi isn’t having a very good week. On Tuesday, the attorney general of Arizona filed a 20-count criminal complaint against the online prediction market, accusing it of running an illegal gambling business. Now, another southwestern state has taken a big swing at the company: A judge in Nevada has temporarily banned the service from operating there as part of an ongoing court case brought by state regulators. […]

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