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Kalshi Banned From Operating in Nevada for Now by Judge

Kalshi was temporarily barred by a judge from offering its prediction market contracts in Nevada, after state regulators said the company didn’t have a gaming license. District Court Judge Jason D. Woodbury in Carson City signed a temporary restraining order Friday blocking Kalshi event contracts for sports, election and entertainment for as long as two weeks, according to a copy of the order provided by the Nevada Gaming Control Board. A spokesperson for Kalshi declined to comment. Ian McGinley, Partney at Sidley Austin and former Director of Enforcement at the Commodity Futures Trading Commission, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Mar 20, 2026 &03432020202631; 21:43 UTC feeds.bloomberg.com Trending 3/5

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Negative for markets

Sentiment score: -60/100

Moderate impact Short-term (days)

WHAT THIS MEANS

Rule-based L2: BEARISH signal from Bloomberg Markets

AI CONFIDENCE

72% High

SENTIMENT GAUGE

NEWS POWER SCORE

⚡ SUGGESTED ACTION

Automated signal: BEARISH on primary asset

Analysis generated on Mar 21, 2026 at 15:37 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Bloomberg Markets. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Kalshi Banned From Operating in Nevada for Now by Judge

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