X @TylerD 🧙‍♂️

Today's ruling in Nevada is going to have major impacts in the prediction market space.A Nevada judge removed his 7-month preliminary injunction allowing Kalshi to operate in the state.This effectively means that the Nevada Gaming Control board can order Kalshi to stop offering sports contracts (and seemingly election markets as well).Polymarket (and other US-based prediction markets) would likely face similar fates.And, there is risk that other states will follow suit.Sports betting is banned in something ...