Overview
- Judge Jason Woodbury granted a preliminary injunction on May 29 that bars QCX LLC, doing business as Polymarket US, from offering prediction-market contracts to people in Nevada.
- The Nevada Gaming Control Board said the written order is expected and that the injunction follows earlier court actions that already blocked Kalshi and Coinbase from offering similar event contracts in the state.
- Polymarket has argued it is regulated by the federal Commodity Futures Trading Commission and sought relief in federal court, but an appeals court declined to provide immediate relief on jurisdictional grounds.
- Nevada regulators say sports, election and some entertainment event contracts meet the state’s legal definition of wagering and therefore require Nevada gaming licenses, a licensing process that can take a year or more.
- With state courts enforcing injunctions and a formal order pending, operators face limits on resuming service in Nevada while broader litigation and appeals over federal versus state authority continue.