By Nate Raymond Feb 17 (Reuters) - Nevada gaming regulators filed a lawsuit on Tuesday seeking to block prediction market ...
Nevada’s effort to block the prediction market platform Kalshi is moving through multiple courts, and that could have major ...
Nevada officials sued Kalshi, calling it an illegal betting website. The same day, a top Trump finance regulator said states ...
Control board lawyers say the company’s sports contracts are unlicensed wagering, which harms the public and poses an ...
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Nevada Gaming Control Board files civil enforcement action against Kalshi; deeming its operations as unlawful
The Nevada Gaming Control Board filed a civil enforcement action against web-based prediction market Kalshi Tuesday, deeming its operations to be unlawful in Nevada.
Nevada is taking action against the rapidly growing Wild West of prediction markets. The state's gambling regulators and attorney general sued Kalshi on Tuesday. They accuse the company of bypassing ...
The state of Nevada filed the lawsuit just hours after a federal appeals court denied Kalshi’s request to block Nevada from taking action against the company. As prediction bett ...
If Nevada succeeds, it would become the second state to secure a court order blocking Kalshi from offering sports event ...
A Ninth Circuit judge denied the company's emergency motion for an administrative stay, making it more likely it gets booted from Nevada.
Nevada regulators sue Kalshi alleging its event contracts amount to unlicensed sports betting under state gaming laws.
The Commodity Futures Trading Commission’s (CFTC) hotly anticipated amicus brief in the Ninth Circuit was arguably overshadowed Tuesday as the Nevada Gaming Control Board (NGCB) took the opportunity ...
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