A Nevada judge has extended a temporary ban on Kalshi's sports-related prediction markets, granting a preliminary injunction requested by the Nevada Gaming Control Board. Judge Jason Woodbury of the First Judicial District Court extended the restraining order initially issued on March 20, prohibiting Kalshi from offering sports, entertainment, and election-related contracts in Nevada. The judge deemed these activities as indistinguishable from traditional gambling, which is restricted to licensed entities. Kalshi, which argues that its markets are federally regulated derivatives, faces opposition from state regulators who view them as gambling products. The Commodity Futures Trading Commission supports Kalshi's stance, asserting its regulatory authority over such markets. The legal battle continues as similar cases unfold in other states, including Arizona, where Kalshi seeks to prevent state-level regulatory actions.