Nevada gaming board asks court to hold Kalshi in contempt
The Nevada Gaming Control Board filed a motion on June 12 asking the First Judicial District Court of Carson City to hold Kalshi in contempt of court. The regulator alleges the prediction market platform continues to offer event contracts to users in Nevada despite a prior judicial order, with ineffective geofencing failing to block state residents. The NGCB claims Kalshi's refusal to comply is causing severe and ongoing harm and that the company continues to flagrantly violate court orders. The motion escalates Nevada's enforcement campaign against the CFTC-regulated platform as states increasingly clash with federal oversight of prediction markets.
Kalshi now faces contempt exposure in Nevada while defending parallel injunction motions in Wisconsin and state-court gambling claims in New Mexico, Rhode Island, and Minnesota. Each adverse ruling arms regulators elsewhere with precedent to force geofencing or seek contempt.
Adds the Nevada contempt motion to active state-court enforcement against Kalshi in New Mexico, Rhode Island, Minnesota, and Wisconsin, deepening the patchwork of injunctions that now threatens to force geofencing in nearly every state where regulators have sued.