Nevada’s highest courtroom 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 courtroom additionally accredited 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 looking for a keep of the district courtroom’s preliminary injunction whereas the attraction is pending earlier than the Nevada Supreme Court docket. Meaning the injunction stays in impact because the authorized battle continues.
The courtroom additionally granted functions permitting Nicole A. Saharsky and Minh Nguyen-Dang of Mayer Brown LLP to look on behalf of the Nevada Gaming Management Board underneath Nevada Supreme Court docket Rule 42.
In keeping with the order, each attorneys submitted verified functions, certificates displaying 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 look 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 offered by the 2 attorneys. The order additionally directs Saharsky and Nguyen-Dang to acquire Nevada Supreme Court docket digital submitting accounts inside 14 days in the event that they haven’t already accomplished so, warning that failure to conform may end in sanctions.
Court docket leaves Nevada injunction in opposition to Kalshi in place
The newest ruling follows a collection of selections which have constantly gone in opposition to 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 underneath Nevada regulation, 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 courtroom orders.
Individually, a federal decide beforehand denied Kalshi’s request to remain the state courtroom injunction, leaving the restrictions in place earlier than the matter reached the Nevada Supreme Court docket. That call saved the injunction efficient whereas associated appeals moved ahead.
In contemplating Kalshi’s newest emergency movement, the Nevada Supreme Court docket utilized the established elements governing whether or not a keep ought to be granted pending attraction, together with potential hurt to every facet and the probability of success on the deserves.
“Having thought-about the events’ arguments in mild of those elements, we aren’t persuaded that the elements militate in favor of a keep,” the order states. “Accordingly, the movement is denied.”
The choice leaves the preliminary injunction in drive whereas the attraction proceeds. The order was issued by Justices Pickering, Parraguirre, and Bell and concludes, “It’s so ORDERED.”
Featured picture: Kalshi / Canva
