A Nevada state court has granted a preliminary injunction against prediction market operator Polymarket, marking the latest legal victory for state regulators seeking to restrict event-contract trading platforms.
A Nevada state court has granted a preliminary injunction against prediction market operator Polymarket. First Judicial District Court Judge Jason Woodbury approved the Nevada Gaming Control Board's motion for a preliminary injunction on May 29. This decision prevents QCX LLC, known as Polymarket, from operating in the state.