Kalshi is accusing Netflix of defamation after a trailer for an upcoming prediction-markets documentary appears to suggest the company is violating a court order restricting its operations in Nevada. According to reports, Kalshi sent Netflix a cease-and-desist letter following a legal ruling that requires Kalshi’s prediction market app to block sports-related markets in Nevada. Kalshi claims the trailer for “The Prediction Games,” which premieres Sunday on Netflix, misrepresents the situation by depicting traders celebrating Kalshi earnings and implying the company is not complying with the Nevada court order. Both outlets describe the dispute as centered on the trailer’s wording and imagery rather than on the underlying documentary content itself. Netflix has not publicly confirmed how it will respond, and the allegations have not been resolved in court. Kalshi says it is considering legal action, including a defamation lawsuit, if Netflix does not address the disputed trailer material.