Protracted legal fight expected in Nevada v. Kalshi

By: Dana Gentry

Outlets: Nevada Current

Published: February 24, 2026

Words: 1,811

Last Updated: 2 weeks, 2 days ago


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The Nevada Gaming Control Board’s legal effort to preserve the state’s golden goose – a flourishing gambling industry devoid of federal intervention – is expected to be a multi-year endeavor that could bounce among Congress, federal court, state court, and the court of public opinion, experts say.

“Courts will move slowly even as the popularity of prediction-market platforms increases rapidly,” says Stevem Light, a visiting professor of Indian Nations Gaming and Governance at UNLV’s …

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