The Nevada Gaming Control Board has reached an agreement with Kalshi requiring the prediction market operator to comply with a court order by August 12 or face a $120,000 daily penalty.
The Nevada Gaming Control Board has finalized an agreement with Kalshi, mandating the prediction market platform to adhere to a court directive by August 12, failing which it would incur a daily fine of $120,000. This resolution stems from a preliminary injunction issued by the First Judicial District Court in Nevada on May 18, which barred Kalshi from providing or facilitating specific contracts within the state.
