Home UncategorizedNevada Court Hits Polymarket with Temporary Restraining Order

Nevada Court Hits Polymarket with Temporary Restraining Order

by Vivek Kumar
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CFTC, Legislation, United States, Nevada, Prediction Markets

A Nevada state judge has temporarily forced onchain prediction market Polymarket to halt business in the state, with a ruling that challenges the industry’s argument that federal commodities law preempts state gambling rules.

In a Thursday order seen by Cointelegraph, the court granted the Nevada Gaming Control Board a 14‑day temporary restraining order (TRO) against Polymarket operator Blockratize. The order bans Polymarket from offering event‑based contracts to Nevada residents while the case…

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