Nevada Kalshi suspend contempt hearing while geofencing rollout moves ahead
Nevada and Kalshi have agreed to put an escalating contempt fight on hold after jointly asking the court to cancel a scheduled hearing and instead oversee the rollout of stronger geofencing technology. The agreement shifts the immediate focus from sanctions to technical compliance while the broader legal battle over prediction market contracts continues. Nevada and Kalshi agree temporary geofencing-related path forward The joint filing, submitted by the State of Nevada through the Nevada Gaming Control Board and Kalshi, asks the court to vacate a July 29, 2026 hearing that had been scheduled to consider the state’s application for an order to show cause regarding contempt. Nevada filed that application after investigators said they could still place trades on sports, election and entertainment event contracts despite an amended preliminary injunction requiring those markets to be blocked within the state. The stipulation explains that “the Parties agree that entry of this Stipulation supports vacating the Hearing.” It further provides, “The Hearing set for July 29, 2026 is hereby vacated.” Unless either side later seeks court approval to …







