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Judge continues Nevada ban on Kalshi sports markets

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Judge continues Nevada ban on Kalshi sports markets


A state judge in Nevada extended a temporary ban on prediction market provider Kalshi’s sports-related contracts in the Silver State on Friday.

Judge Jason Woodbury in the First Judicial District Court told attorneys at a hearing in the Carson City courthouse that he would also grant the Nevada Gaming Control Board’s request to impose a preliminary injunction against Kalshi banning it from offering some of its prediction markets until a broader court case from the state gaming regulator could be resolved. He extended the temporary restraining order he first granted on March 20 by two weeks to sort out the language of the injunction, Reuters reported Friday.

The judge’s original temporary restraining order blocked Kalshi from offering sports, entertainment and election-related bets.

The judge said buying a contract on a baseball game on Kalshi was “indistinguishable” from placing a bet on a state gaming platform, Reuters reported.

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“So I find based on the arguments that ​have been presented that it is a gaming activity that is prohibited for any non-licensee ​to engage in,” he said.

Spokespeople for Kalshi and the Nevada Gaming Control Board did not return requests for comments.

State regulators have moved to block prediction market providers in much of the U.S., arguing that these companies’ sports-related products appear to be gambling products that should be regulated at the state level. Kalshi and other prediction market providers argue that they are federally regulated designated contract markets offering swaps, a type of derivative product, and therefore are not subject to state regulators.

The Commodity Futures Trading Commission, helmed by Chairman Mike Selig, has taken a stance agreeing with these companies. It filed an amicus brief in an appeals court case earlier this year, and sued Arizona, Illinois and Connecticut on Thursday alongside the Department of Justice, arguing that it is the proper regulator and alleging that the states are infringing on its role.

The hearing took place the same day as another hearing at a federal court in Arizona. In that hearing, Kalshi had filed to block state regulators from filing to block the prediction market provider’s products in the state. Arizona Attorney General Kris Mayes had previously filed an information alleging criminal charges against Kalshi.

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According to the court docket, District Judge MIchael Liburdi heard arguments and is considering the motion.



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Nevada

Rotten Tomatoes gives Cornish director’s new film unbelievable rating

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Rotten Tomatoes gives Cornish director’s new film unbelievable rating


The movie is screening in an unprecedented 125 cinemas nationwide from its opening night – a triumph for Cornwall’s hugely respected rising star director

A Cornish director’s latest film has been given an unbelievable rating by Rotten Tomatoes. Mark Jenkin, the writer and director behind Enys Men and Bait, releases his latest movie, Rose of Nevada, this month.

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The 50-year-old is no stranger to good ratings with his biggest work to date, Bait, filmed in Cornwall, getting a 100 per cent rating from critics on Rotten Tomatoes. But his most recent work has just done something equally incredible with a 100 per cent rating on Rotten Tomatoes a day before its release date.

The movie, Rose of Nevada, is a British science fiction drama film written, edited, composed and directed by Mr Jenkin. It has been incredibly well received with critics describing it as “terrifically atmospheric” and “superbly visceral filmmaking”.

Hilary A White, writing for the Irish Independent, says: “Jenkin leaves plenty of space between story and audience, compiling a tale that feels cobbled together from stained Polaroids, dream snatches and fleeting glimpses.”

Deborah Ross, writing for The Independent, had this to say: “Though it’s about how we carry the past and what can be lost in a single generation, the film is never nostalgic or sentimental. It’s not Back to the Future. It’s terrifically atmospheric, thrumming with foreboding and dread.”

The movie, which was released in UK and Irish cinemas on Friday (April 24), tells the story of a mysterious boat that returns to a village 30 years after vanishing. Two men join its crew, hoping for better fortune. After one voyage, they find themselves transported back in time, mistaken for the original crew.

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Rose of Nevada is screening in 125 cinemas nationwide from its opening night, including all 10 of the Merlin chain sites in the South West, including Bodmin, Falmouth, Helston, Penzance, Redruth and St Ives.

BFI Distribution has confirmed big screen showings in another 70-plus cinemas a little later. The spread is from the Shetland Islands in the North, to Jersey (Channel Islands) in the South, to Triskel in Eire in the West to Broadstairs in Kent in the East.

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Special Olympics Nevada’s Vegas Plunge returns with superhero theme at Cowabunga Bay

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Special Olympics Nevada’s Vegas Plunge returns with superhero theme at Cowabunga Bay


Special Olympics Nevada invited community members to make a splash for inclusion at the Vegas Plunge at Cowabunga Bay on Saturday.

Organizers encouraged people to “hop, skip, run, jump, or dive” into the Henderson waterpark to support Special Olympics Nevada’s sports, education, leadership, and athlete health programs. While polar plunges are typically associated with colder climates, the event puts “a Vegas twist on this classic event.”

This year’s theme is “superheroes,” with participants encouraged to wear costumes. All plungers received a Vegas Plunge T-shirt, breakfast, tickets to Cowabunga Bay for the day, and the chance to support Special Olympics Nevada athletes.

The event was hosted by JayBee Beasley and included the fifth annual Rubber Duck Derby presented by Columbia Bank. Hundreds of rubber ducks raced around the lazy river, and attendees had a chance to win items including staycations, sporting events, golf packages, and jewelry.

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Liz Volpe is the Developmental Director for Special Olympics Nevada and says the Vegas Plunge is their signature event and, “We create inclusive opportunities for individuals with intellectual needs.”

Proceeds from the Polar Plunge are expected to support year-round sports training and competition for more than 3,978 Special Olympics Nevada athletes statewide.

Organizers said contributions and involvement also help athletes achieve their goals, live healthier lives, and feel included in the community.

Gold sponsors included Greenberg Traurig and The Raiders. Silver sponsors were Columbia Bank and MoneyTree. Bronze sponsors included David and Gail Bowman, Jomsom Staffing Services, and Renewal by Andersen.



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1 dead after crash on Interstate 15 in Las Vegas; northbound lanes closed

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1 dead after crash on Interstate 15 in Las Vegas; northbound lanes closed


A pedestrian was killed in a fatal crash on Interstate 15 just north of Washington Avenue in Las Vegas on Friday night, the Nevada Highway Patrol said.

The crash, which happened just before 9:30 p.m. Friday, involved a pickup truck and a pedestrian the Highway Patrol’s trooper Shawn Haggstrom said in an email. The pedestrian, who was identified as a man, was confirmed dead at the scene.

The driver of the pickup truck stayed at the scene and was cooperating with investigators, the Highway Patrol said.

The crash has closed down all travel lanes of the northbound I-15 at Washington. The Interstate 11 ramp to the I-15 is also closed, Haggstrom said. All northbound I-15 traffic was being diverted off at the D Street off-ramp.

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It wasn’t known how long the closures would last, Haggstrom said.

Contact Brett Clarkson at bclarkson@reviewjournal.com



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