Kalshi Sends Cease-and-Desist to Netflix Over Documentary Trailer, Demands $120K Daily Fine Prevention

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According to Odaily, Kalshi, a prediction market operator, sent a cease-and-desist letter to Netflix on July 24, demanding the removal of a trailer for the documentary 'Instadocs: The Prediction Games' before its July 26 premiere. Kalshi alleges the trailer contains a fabricated trading receipt suggesting the platform allows Nevada sports betting in violation of state court orders. Netflix denies falsifying content, stating the transaction occurred in May 2025 before Nevada restrictions took effect and was filmed at a private event in Las Vegas. Nevada regulators have ordered Kalshi to complete geofencing deployment by August 12 or face penalties of $120,000 per day.
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