Predictions markets platform Kalshi has been embroiled in various legal battles with the Nevada Gaming Control Board (NGCB) for many months, and the two sides recently came to clash once again as the latter asked a state court to hold the former in contempt.
The Nevada Gaming Control Board (NGCB) has requested a contempt ruling from a state court against predictions markets platform Kalshi. This comes after a series of legal disputes between the two parties over several months.
The NGCB alleges that Kalshi violated an agreement by offering betting on events that had not yet occurred, which is against Nevada gaming regulations. The board is seeking the contempt ruling as a response to this alleged breach.
