Nevada Bans Kalshi’s Magic Gambling Hats For 14 Days!

Last week, Judge Jason Woodbury-whose name sounds like it belongs to a cartoon character-granted Nevada Gaming Control Board’s motion to block Kalshi. This happened after Kalshi tried to sell contracts about sports, elections, and entertainment, which Nevada’s regulators now call “sports pools.” Because nothing says “legitimate business” like trying to convince the law that your product isn’t a glorified betting parlor.