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Nevada Gaming Board Seeks Contempt Finding Against Kalshi
By Editorial profile image Editorial
1 min read

Nevada Gaming Board Seeks Contempt Finding Against Kalshi

The Nevada Gaming Control Board (NGCB) has asked a state court to hold prediction market operator KalshiEX LLC in contempt, alleging the company has failed to comply with a court order requiring it to stop offering certain event contracts to people located in Nevada.

The Nevada Gaming Control Board (NGCB) has asked a state court to hold prediction market operator KalshiEX LLC in contempt, alleging the company has failed to comply with a court order requiring it to stop offering certain event contracts to people located in Nevada.

In a recent development, the Nevada Gaming Control Board (NGCB) has taken legal action against prediction market operator KalshiEX LLC. The NGCB has accused Kalshi of not adhering to a court order that demanded the cessation of specific event contracts to individuals within Nevada. This action follows a filing made to the First Judicial District Court for the State of Nevada, where regulators highlighted Kalshi's non-compliance since May.

By Editorial profile image Editorial
Updated on
Regulation Nevada Gaming Control Board KalshiEX LLC Prediction Market Operator