Nevada sues Kalshi after prediction market loses bid to stop state action
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Why This Matters
Nevada has filed a lawsuit against Kalshi, a prediction market, over regulatory issues, and Kalshi is seeking to have the case heard in federal court, arguing it is subject to federal laws.
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Market impact analysis based on bearish sentiment with 70% confidence.
Sentiment
Bearish
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70%
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Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Kalshi is looking to have Nevada’s lawsuit heard in federal court, again asserting it is subject only to federal commodity exchange laws.
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Full article on CoinTelegraph
Original article published by
CoinTelegraph
on February 18, 2026.
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