Kalshi agreed to fully shut down its operations in Nevada after admitting that people in the state were still able to access its event contracts despite a court order to geoblock the state.
Kalshi has reached an agreement with the Nevada Gaming Control Board (NGCB) to cease its operations in Nevada due to compliance issues. This decision comes after it was found that individuals in Nevada could still access Kalshi's event contracts despite a court-mandated geoblock.
The leading prediction market platform, Kalshi, has decided to comply with the NGCB's requirements and will no longer offer its services in Nevada. The company's move to fully shut down its operations in the state follows the recent agreement reached with the gaming regulatory body.
