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LegalSportsBetting.com
legalsportsbetting.com > news > affidavit-can-spare-kalshi-nevadas-120000-daily-penalty-07-27-2026

Affidavit Can Spare Kalshi Nevada's $120,000 Daily Penalty

5+ hour, 40+ min ago   (727+ words) July 27, 2026 10:03 AM CARSON CITY, Nev. – A Nevada judge signed an agreement Friday in the state’s contempt case against Kalshi that lets the prediction market answer a missed Aug. 12 geofencing deadline with a sworn affidavit rather than the $120,000-a-day penalty regulators…...

LegalSportsBetting.com
legalsportsbetting.com > news > washington-judge-blocks-kalshi-rejects-preemption-defense-07-22-2026

Washington Judge Blocks Kalshi, Rejects Preemption Defense

5+ day, 1+ hour ago   (645+ words) July 22, 2026 1:45 PM SEATTLE – Federal commodities law does not shield Kalshi from Washington’s gambling statutes, King County Superior Court Judge John F. McHale ruled in an order filed July 20 that hands the state a preliminary injunction against the prediction market. The…...