A U.S. appeals court rejected Kalshi's request, allowing Nevada to proceed with the temporary injunction.

CoinFeed reported on March 20th that, according to CoinDesk, the U.S. Ninth Circuit Court of Appeals rejected Kalshi's request, clearing the way for Nevada to issue a temporary restraining order against the prediction market platform. This means Nevada can immediately apply for an injunction in state court, forcing Kalshi to suspend operations locally for at least two weeks. The Nevada Gaming Control Board issued a cease and desist order against Kalshi in March 2025, requiring it to cease offering sports-related prediction market contracts. Kalshi's previous attempt to transfer the case to federal court was unsuccessful, and the case will now be returned to state court. Kalshi had previously warned that if the appeals court did not grant its request, the company would face "imminent harm," potentially requiring litigation in four different courts on the same jurisdictional issue, and risking conflicting rulings from federal and state courts.