**The NV-02 race remains tightly contested because an open seat after longtime Republican incumbent Mark Amodei’s retirement has exposed vulnerabilities for GOP nominee David Flippo against Democrat Teresa Benitez-Thompson.** Flippo’s primary win with Trump’s backing was followed by late-cycle attacks over his Las Vegas origins and military service record, prompting Republican super PACs to reserve over $1 million in ads while the DCCC added Benitez-Thompson to its Red to Blue program. Recent polling averages show a narrow Republican edge of roughly 3–4 points, with some surveys inside the margin of error, aligning with trader pricing that clusters around small Republican margins or near ties. High independent turnout in Washoe County and the third-party Independent American candidate could further compress the final spread. Late advertising shifts, candidate events, or turnout surprises in the final three weeks before November 3 could widen or narrow the outcome.