Nevada’s highest courtroom has declined to pause a preliminary injunction towards Kalshi as the corporate continues its enchantment in a dispute over Nevada’s gaming legal guidelines. In the identical order, the courtroom 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 courtroom’s preliminary injunction whereas the enchantment is pending earlier than the Nevada Supreme Courtroom. Meaning the injunction stays in impact because the authorized struggle continues.
The courtroom additionally granted functions permitting Nicole A. Saharsky and Minh Nguyen-Dang of Mayer Brown LLP to seem on behalf of the Nevada Gaming Management Board beneath Nevada Supreme Courtroom Rule 42.
In line with the order, each attorneys submitted verified functions, 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 throughout the earlier three years, satisfying the rule’s necessities.
Jessica A. Whelan of the Nevada Workplace of the Lawyer Basic will stay answerable for all issues introduced 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 finished so, warning that failure to conform might end in sanctions.
Courtroom leaves Nevada injunction towards Kalshi in place
The newest ruling follows a sequence of choices which have constantly gone towards Kalshi in Nevada. Earlier, a state district courtroom 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 beneath 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 towards 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 courtroom orders.
Individually, a federal choose beforehand denied Kalshi’s request to remain the state courtroom injunction, leaving the restrictions in place earlier than the matter reached the Nevada Supreme Courtroom. That call saved 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 ought to be granted pending enchantment, together with potential hurt to every facet and the probability of success on the deserves.
“Having thought-about 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 pressure whereas the enchantment proceeds. The order was issued by Justices Pickering, Parraguirre, and Bell and concludes, “It’s so ORDERED.”
Featured picture: Kalshi / Canva
