Nevada Gaming Control Board News & Prediction Market Coverage
Track the latest Nevada Gaming Control Board news across prediction markets. Prediction News is following 4 active Nevada Gaming Control Board stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Frequently Asked Questions
What action has the Nevada Gaming Control Board taken against Kalshi?
The Board obtained a preliminary injunction and later a settlement requiring Kalshi to fully block Nevada users from sports, election, and entertainment event contracts by August 12, 2026, or face $120,000 daily fines; it has also pursued contempt proceedings for violations.
Did the Ninth Circuit rule in favor of Nevada against Kalshi?
Yes, on August 28, 2026, a Ninth Circuit panel ruled 3-0 that Nevada may enforce its gambling laws against Kalshi's sports event contracts, rejecting federal preemption arguments under the Commodity Exchange Act.
Does Nevada consider prediction market contracts to be gambling?
Yes, the Board maintains that sports-linked event contracts offered by platforms like Kalshi constitute unauthorized gaming and has enforced state licensing requirements against them.
Has the Nevada Gaming Control Board taken action against other prediction markets?
Yes, it has filed enforcement actions against Polymarket and sent warnings to Robinhood and Crypto.com regarding sports event contracts in Nevada.
What is the current status of Kalshi in Nevada?
As of late August 2026, Kalshi must geofence Nevada or comply with state gaming laws following the Ninth Circuit ruling and prior settlement; parallel suits have been filed by other states.