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Kalshi Agrees to Exit Nevada or Face $120K Daily Fine
By Editorial profile image Editorial

Kalshi Agrees to Exit Nevada or Face $120K Daily Fine

Kalshi can no longer offer sports, election, and entertainment prediction contracts to the people of Nevada, US, according to a recent agreement secured by gaming regulators.

Kalshi can no longer offer sports, election, and entertainment prediction contracts to the people of Nevada, US, according to a recent agreement secured by gaming regulators.

Kalshi has reached an agreement with gaming regulators to cease providing prediction contracts in Nevada, including sports, election, and entertainment markets. Failure to adhere to this agreement could result in the company facing a substantial daily fine. This decision follows months of legal disputes dating back to May.

By Editorial profile image Editorial
Updated on
Regulation Kalshi Nevada US Gaming Regulators