A New York-based company has until Friday afternoon to stop offering its “event-based contracts” in Nevada before state ...

Kalshi, which describes itself as “a regulated exchange & prediction market where you can trade on the outcome of real-world ...

Nevada has just become the first state in the US to challenge the rapid rise of sports-based “event contracts” offered by ...

In a cease-and-desist letter, the NGCB declared that event-based contracts on sports and election outcomes are “unlawful in ...

Nevada becomes the first state to take official action against Kalshi and its prediction market platform. The last few months for prediction company Kalshi have seen a whirlwind of activity with ...

The Nevada Gaming Control Board has ordered Kalshi to stop offering its event prediction markets, deeming it unlicensed ...

Prediction markets are expanding into sports after successfully forecasting the presidential election, but that may not be a ...

Kalshi is under fire from the Nevada Gaming Control Board, as the agency is the first state regulator to take action against the platform.

The Nevada Gaming Control Board (NGCB) has issued a cease-and-desist order to Kalshi, requiring the company to cease all unlawful activity by 14 March 2025. Event-based contracts, crypto ...

Kalshi’s Legal Challenges Mount as Nevada Regulators Push Back Kalshi has recently received a cease and desist letter in Nevada. The company is accused of violating multiple statutes and Nevada ...

Until Kalshi Sports does the same, it'll be hard to put the betting site at the same level as these established operators. March 5, 2025: Nevada send a cease-and-desist to Kalshi, becoming the ...