Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.
Kalshi scores win with Nevada injunction
For a prediction market that has been besieged by state cease-and-desist orders over the last month, Kalshi notched a slight victory this week.
On Tuesday (8 April), US district court judge Andrew Gordon granted Kalshi a preliminary injunction against the Nevada Gaming Control Board (NGCB). The injunction prevents the NGCB from imposing the order against Kalshi, contending that the site illegally offered sports wagering across the state.
As with other prediction markets, Kalshi is awaiting a closely watched roundtable from the US Commodity Futures Trading Commission (CFTC) for clarity on whether sports event contracts mimic sports gambling.
First takes on the order granting Kalshi's motion for a preliminary injunction in Nevada: quality advocacy wins the day..