Prediction market Kalshi sent Netflix a cease-and-desist letter over the trailer for "Instadocs: The Prediction Games," alleging it contains false and misleading statements about betting legality in Nevada. The trailer shows a bet made on Kalshi during a 2026 event in Las Vegas, but Kalshi is banned from operating there due to a court order. Kalshi argues the bet shown was actually from 2025, before the ban, and claims Netflix misled viewers into thinking the bet was legal in 2026. Netflix confirms the footage is real and the bet was placed before the ban but refuses to remove the trailer from its app homepage. This dispute highlights tensions over portrayal of prediction markets and regulatory issues in media coverage.
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