Contested. Kalshi says it accepts Nevada, but not for sports contracts. Nevada has acted against Kalshi: ninth Circuit ruled 3-0 for Nevada: the Commodity Exchange Act does not preempt Nevada gaming law for sports-event contracts offered by Kalshi, Crypto.com and Robinhood.
Kalshi and the alternatives in Nevada
What the law says
28 AUG 2026Ninth Circuit ruled 3-0 for Nevada: the Commodity Exchange Act does not preempt Nevada gaming law for sports-event contracts offered by Kalshi, Crypto.com and Robinhood. gaming.nv.gov ↗
14 AUG 2026InGame reported Kalshi had implemented true geofencing blocking sports trades in Nevada (GeoComply third-party provider). ingame.com ↗
23 JUL 2026Kalshi agreed in a state court filing to replace its in-house Nevada geofence with a third-party provider by 12 August 2026. ingame.com ↗
4 JUN 2026Nevada Gaming Control Board moved to hold Kalshi in contempt for violating the state court preliminary injunction. gaming.nv.gov ↗
3 APR 2026Nevada state court preliminarily enjoined Kalshi from offering prohibited event contracts in Nevada. gaming.nv.gov ↗
21 MAR 2026Kalshi emailed Nevada customers that sports, entertainment and elections markets were restricted to sell-only after the 20 March TRO. cdcgaming.com ↗
20 MAR 2026Nevada state court issued a TRO barring Kalshi from offering prohibited event contracts. gaming.nv.gov ↗
17 FEB 2026Nevada Gaming Control Board filed an enforcement action against Kalshi in state court. gaming.nv.gov ↗
17 FEB 2026CFTC filed an amicus brief in the Ninth Circuit in North American Derivatives Exchange v. State of Nevada ex rel. Nevada Gaming Control Board (release 9183-26). cftc.gov ↗
25 NOV 2025Federal district court dissolved Kalshi's preliminary injunction and denied Robinhood a preliminary injunction in Nevada. gaming.nv.gov ↗
9 APR 2025Federal district court granted Kalshi a preliminary injunction against NGCB enforcement of Nevada gaming law (later dissolved 25 Nov 2025). gaming.nv.gov ↗
4 MAR 2025Nevada Gaming Control Board issued a cease-and-desist letter to Kalshi. gaming.nv.gov ↗
29 MAY 2026Nevada state court preliminarily enjoined Polymarket from offering prohibited event contracts in Nevada. gaming.nv.gov ↗
26 MAR 2026Nevada state court enjoined Coinbase from offering prohibited event contracts in Nevada. gaming.nv.gov ↗
5 FEB 2026Nevada state court issued a TRO barring Coinbase from offering prohibited event contracts. gaming.nv.gov ↗
29 JAN 2026Nevada state court issued a temporary restraining order barring Polymarket from offering prohibited event contracts. gaming.nv.gov ↗
16 JAN 2026Nevada Gaming Control Board filed an enforcement action against Polymarket in state court. gaming.nv.gov ↗
14 OCT 2025Federal district court denied Crypto.com a preliminary injunction; Crypto.com agreed to limit Nevada event contract offerings pending appeal. gaming.nv.gov ↗
8 MAY 2025Nevada Gaming Control Board sent Robinhood a letter warning it not to start offering sports event contracts in Nevada. gaming.nv.gov ↗