Kalshi is suing Netflix over a documentary trailer they say falsely portrays their prediction market services in Nevada, claiming the footage misleads viewers by implying bets occurred after a legal ban — when in fact, the bet shown was placed before the ban. Kalshi even claims Netflix initially agreed to remove the clip but later refused. Netflix counters that the footage is authentic, filmed in 2026, and the bet was a real screenshot provided by a trader — no faking involved. The feud hinges on how visuals are interpreted and what they imply about legality.

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