Nevada sues Kalshi after prediction market loses bid to stop state action

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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
AI Confidence
70%
Time Horizon
Short Term

Article Context

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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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Original article published by CoinTelegraph on February 18, 2026.
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