Kalshi’s fight with Nevada took another step against the company on April 3, when a state judge said he would grant the Nevada Gaming Control Board’s request for a preliminary injunction. That means Kalshi still cannot offer sports, election, or entertainment event contracts in Nevada without a gaming license, even though the judge’s full written order has not been issued yet.
The effect is immediate. Judge Jason Woodbury extended the temporary restraining order for another 14 days, through April 17, while the court finalizes the written terms of the injunction. Nevada first won a 14-day TRO on March 20, so Kalshi has now been under court-ordered restrictions in the state for close to a month.
Nevada says Kalshi is offering gambling without a gaming license
Nevada’s case comes down to one central argument. The Gaming Control Board says Kalshi’s event contracts amount to gambling under Nevada law, no matter how the company describes them under federal commodities rules. At the April 3 hearing, Woodbury agreed with that basic position and rejected Kalshi’s argument that the contracts fall outside the state’s gaming system because they are federally regulated swaps.
That is the heart of the case. Nevada is not arguing over a technical filing issue or a minor compliance failure. It is saying Kalshi is offering products that look like sports, election, and entertainment wagering to people in Nevada without going through the same licensed system that every other gambling operator in the state must use. The board’s own April 3 statement said the court granted its motion for a preliminary injunction and that the written order is still to come.
The Nevada case now sits inside a wider national fight
Kalshi is already facing pressure in other states, including criminal charges in Arizona and civil action in Washington and Massachusetts. At the same time, the company has picked up support in federal court. The biggest example came in New Jersey, where the Third Circuit ruled on April 6 that state regulators could not block Kalshi’s sports event contracts because federal law governs those markets.
That leaves Nevada in an awkward but important spot. A state judge has backed Nevada’s view of Kalshi’s products just as a federal appeals court elsewhere has moved the other way. That split will matter as more cases move forward around the country.
Inside Nevada, though, the immediate position is simpler. Kalshi remains blocked, and the court has made clear that the TRO will stay in place while the longer injunction is being put into writing.
