- Status
- Filed, pending (filed)
- As of
- 26 Mar 2026 · read from the court record
- Court
- First Judicial District Court, Carson City · First instance
- Docket
- 26 OC 00030 1B
- Filed
- 2 Feb 2026
- Type
- Regulator v. operator, prediction market lawsuits
- Money
- No settlement fund or award on record
- Payout
- No payout exists as of 14 Nov 2026
Status words follow the court record: a complaint states one side's allegations, only the court's orders decide anything. Filing a settlement claim is always free.
What this case is about
Filed 2 February 2026; TRO 5 February 2026; preliminary injunction 26 March 2026 barring Coinbase from sports, election and entertainment event contracts in Nevada. Coinbase filed a federal countersuit (GL-US-0659).
What this case is about
State of Nevada ex rel. Nevada Gaming Control Board v. Coinbase Financial Markets, docket 26 OC 00030 1B, is a state enforcement action in the First Judicial District Court in Carson City, filed on 2 February 2026. The Nevada Gaming Control Board sued Coinbase Financial Markets, Inc.
The Board alleges that Coinbase offers event contracts in Nevada that violate state gambling law. It cites NRS 463.160, 463.350, 465.086 and 465.092. A complaint states one side's allegations, and the court's orders are the part that decides outcomes.
The case is one of the Prediction Market Lawsuits in which states test whether platforms may offer sports and other event contracts without a state license.
Who is covered
The case runs between the State of Nevada, acting through its Gaming Control Board, and Coinbase Financial Markets. It is not a class action, and no players are parties.
The injunction applies to Coinbase's event contracts in Nevada.
For the state picture, see Every Gambling Lawsuit in Nevada, and
The defendant's other matters are on the Coinbase Lawsuits.
Is there a payout?
No payout exists in this case. It is a regulator's enforcement action seeking to stop conduct, and the record shows no settlement fund, damages or claim process.
Nobody can file a claim here. Filing a settlement claim is free where a claim exists, but none exists in this case.
What happens next
As of 14 November 2026 the case is pending, and an injunction is in force. The court granted an ex parte temporary restraining order on 5 February 2026.
On 26 March 2026 the court granted a preliminary injunction that bars Coinbase from offering sports, election and entertainment event contracts in Nevada. The Board published the order on its website.
Coinbase filed a federal countersuit, Coinbase Financial Markets, Inc. v. Ford. No further hearing date or trial date is listed in the record we reviewed.
Why it matters
The order shows how a state court can stop a prediction market platform while a federal fight over jurisdiction goes on. An injunction is a court order in force, not a final ruling on whether Coinbase's contracts are legal.
The underlying dispute is whether sports event contracts are swaps under federal law. The guide The Swaps Question and the Circuit Split explains how courts have answered it.
Related cases
- Coinbase Financial Markets, Inc. v. Ford: Coinbase's federal countersuit.
- State of Nevada ex rel. Nevada Gaming Control Board v. KalshiEX LLC: the Board's parallel state court case against Kalshi.
Questions people ask
Can Coinbase offer event contracts in Nevada?
According to the preliminary injunction of 26 March 2026, Coinbase is barred from offering sports, election and entertainment event contracts in Nevada. As of 14 November 2026 the order is the status to cite.
What did the court order first?
On 5 February 2026 the court granted an ex parte temporary restraining order, three days after the Board filed its complaint on 2 February 2026. The preliminary injunction followed on 26 March 2026.
Did Coinbase respond in federal court?
Yes. Coinbase filed a federal countersuit, Coinbase Financial Markets, Inc. v. Ford, which is tracked on its own case page.
Who is involved
Plaintiffs: State of Nevada ex rel. Nevada Gaming Control Board
| Defendants | Coinbase Financial Markets, Inc. |
|---|---|
| Claims |
|
Is there a payout?
No payout exists in this case as of 14 Nov 2026. A settlement or judgment would have to come first, and any claim procedure would be announced by the court-appointed administrator, never by this site.
What happens next
No future date is on the record we hold. The next step is a court order, a dismissal, a settlement or a judgment; this page changes when one is entered.
Timeline
2 dated steps on record, oldest first. Future dates come from court notices and can move.
| Date | Event |
|---|---|
| 2 Feb 2026 | Filed |
| 26 Mar 2026 | Filed, pending |
Documents and sources
4 primary sources (court file, administrator notice, regulator) and 0 secondary. Press is supporting evidence only.
- Court document: gaming.nv.gov
- Regulator: gaming.nv.gov
| What it supports | Source | Type | Retrieved |
|---|---|---|---|
| complaint 2 Feb 2026, TRO 5 Feb 2026, PI order 26 Mar 2026 (document list) | gaming.nv.gov | primary | 14 Nov 2026 |
| Coinbase prohibited by PI | gaming.nv.gov | primary | 14 Nov 2026 |
| order granting ex parte TRO 5 Feb 2026 | gaming.nv.gov | primary | 14 Nov 2026 |
| order granting preliminary injunction 26 Mar 2026 | gaming.nv.gov | primary | 14 Nov 2026 |
Related cases
2 cases in the record share parties, claims or a settlement with this one.
| Case | Court | Status |
|---|---|---|
| Coinbase v. Nevada (federal countersuit) | U.S. District Court for the District of Nevada | Filed, pending |
| Nevada Gaming Control Board v. Kalshi (state enforcement) | First Judicial District Court, Carson City; U.S. District Court for the District of Nevada (removal); Ninth Circuit (No. 26-1304); Nevada Supreme Court (No. 92771) | Filed, pending |
Last checked against the sources on 14 Nov 2026. Found an error? Tell us and we correct the record with a dated note.