Nevada’s highest court docket has declined to pause a preliminary injunction in opposition to Kalshi as the corporate continues its attraction in a dispute over Nevada’s gaming legal guidelines. In the identical order, the court docket additionally accepted requests from two out-of-state attorneys to take part within the case on behalf of the Nevada Gaming Management Board.
The July 1, 2026, order denied KalshiEX’s emergency movement searching for a keep of the district court docket’s preliminary injunction whereas the attraction is pending earlier than the Nevada Supreme Courtroom. Meaning the injunction stays in impact because the authorized combat continues.
The court docket additionally granted purposes permitting Nicole A. Saharsky and Minh Nguyen-Dang of Mayer Brown LLP to seem on behalf of the Nevada Gaming Management Board underneath Nevada Supreme Courtroom Rule 42.
In line with the order, each attorneys submitted verified purposes, certificates exhibiting they’re in good standing with their respective state bars, and the required Rule 42 documentation from the State Bar of Nevada. The justices discovered the filings demonstrated that neither lawyer had sought permission to seem earlier than Nevada courts in the course of the earlier three years, satisfying the rule’s necessities.
Jessica A. Whelan of the Nevada Workplace of the Legal professional Common will stay chargeable for all issues offered by the 2 attorneys. The order additionally directs Saharsky and Nguyen-Dang to acquire Nevada Supreme Courtroom digital submitting accounts inside 14 days in the event that they haven’t already completed so, warning that failure to conform may end in sanctions.
Courtroom leaves Nevada injunction in opposition to Kalshi in place
The newest ruling follows a sequence of selections which have persistently gone in opposition to Kalshi in Nevada. Earlier, a state district court docket granted the Nevada Gaming Management Board’s request for a preliminary injunction, stopping the corporate from providing its occasion contracts within the state whereas litigation proceeds. The board has argued that Kalshi’s sports-related occasion contracts quantity to unlicensed sports activities wagering underneath Nevada legislation, whereas Kalshi maintains the contracts are federally regulated monetary merchandise overseen by the Commodity Futures Buying and selling Fee.
Nevada has additionally sought contempt sanctions in opposition to Kalshi, alleging the corporate continued providing contracts to Nevada customers regardless of the injunction. Kalshi has disputed these allegations and argued IT has taken steps to adjust to court docket orders.
Individually, a federal decide beforehand denied Kalshi’s request to remain the state court docket injunction, leaving the restrictions in place earlier than the matter reached the Nevada Supreme Courtroom. That call stored the injunction efficient whereas associated appeals moved ahead.
In contemplating Kalshi’s newest emergency movement, the Nevada Supreme Courtroom utilized the established components governing whether or not a keep must be granted pending attraction, together with potential hurt to every aspect and the probability of success on the deserves.
“Having thought of the events’ arguments in gentle of those components, we’re not persuaded that the components militate in favor of a keep,” the order states. “Accordingly, the movement is denied.”
The choice leaves the preliminary injunction in power whereas the attraction proceeds. The order was issued by Justices Pickering, Parraguirre, and Bell and concludes, “IT is so ORDERED.”
Featured picture: Kalshi / Canva
The submit Nevada Supreme Courtroom retains Kalshi injunction alive throughout gaming legal guidelines attraction proceedings appeared first on ReadWrite.
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