Kalshi, which describes itself as “a regulated exchange & prediction market where you can trade on the outcome of real-world ...

New York-based KalshiEX LLC, which offers “event-based contracts” that resemble sports bets, is getting a deadline extension ...

Nevada has just become the first state in the US to challenge the rapid rise of sports-based “event contracts” offered by ...

The Nevada Gaming Control Board told KalshiEX LLC it could face prosecution if doesn’t stop offering “event-based contracts” in Nevada by Friday.

Kalshi has not yet taken down the markets yet. The post Nevada Orders Kalshi to Shut Down Sports Markets appeared first on Front Office Sports.

In a cease-and-desist letter, the NGCB declared that event-based contracts on sports and election outcomes are “unlawful in ...

The Nevada Gaming Control Board has ordered Kalshi to stop offering its event prediction markets, deeming it unlicensed ...

Nevada becomes the first state to take official action against Kalshi and its prediction market platform. The last few months for prediction company Kalshi have seen a whirlwind of activity with ...

Kalshi is under fire from the Nevada Gaming Control Board, as the agency is the first state regulator to take action against the platform.

The Nevada Gaming Control Board (NGCB) has issued a cease-and-desist order to Kalshi, requiring the company to cease all unlawful activity by 14 March 2025. Event-based contracts, crypto ...