A Nevada court has issued a temporary restraining order against Blockratize, the operator of Polymarket, preventing it from offering sports and event-related contracts to Nevada residents. The court found that Polymarket's activities might breach Nevada's gambling laws and are not under the exclusive jurisdiction of the Commodity Futures Trading Commission (CFTC). The ruling emphasized that the Commodity Exchange Act does not grant the CFTC exclusive control over such contracts, highlighting the need for state-level licensing to prevent issues like match-fixing and underage gambling. This decision could compel platforms like Polymarket and Kalshi to seek gambling licenses in each state or withdraw from sports-related markets. The ruling aligns with similar restrictions imposed by regulators in Hungary, Portugal, and Tennessee, reflecting growing compliance challenges for prediction markets.