Kalshi Demands Netflix Remove Documentary Trailer Over Defamation Claims

Kalshi accuses Netflix of defamation regarding 'Instadocs' trailer, citing fake receipts and false claims about Nevada betting approval. Netflix denies fabrication as premiere nears.

Woofun AI reports that prediction market operator Kalshi issued a cease-and-desist letter to Netflix on July 24, alleging defamation in the trailer for the documentary "Instadocs: The Prediction Games." Kalshi demanded the removal of the trailer and a public correction prior to the film's July 26 premiere, asserting that the footage featured a fabricated transaction receipt implying approved sports betting in Nevada in violation of court orders. Netflix rejected the fabrication claims, stating the transaction occurred in May 2025 before restrictions applied and was filmed at a private Las Vegas event.

Meanwhile, Nevada regulators have ordered Kalshi to implement geofencing by August 12 or face daily fines of $120,000.