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

Prediction market operator Kalshi has asked for more time to respond to a cease-and-desist order from the Nevada Gaming Control Board. The board earlier this month accused the company of offering ...

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

The last few months for prediction company Kalshi have seen a whirlwind of activity with uncertainty, and on Tuesday the operator took another hit. The Nevada Gaming Control Board (NGCB ...

Prediction markets are expanding into sports after successfully forecasting the presidential election, but that may not be a ...

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

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 ...

The Nevada Gaming Control Board on March 4 issued a cease-and-desist letter to KalshiEX LLC, doing business as Kalshi and Kalshi.com, which offers a platform where users can trade on the outcome ...

Robinhood has launched a new prediction markets hub that allows customers to trade on the outcomes of some of the world’s biggest events ...

Robinhood and Kalshi are launching a March Madness prediction market amid growing discussion regarding such markets' legality ...

Until Kalshi Sports does the same, it'll be hard to put the betting site at the same level as these established operators. March 5, 2025: Nevada send a cease-and-desist to Kalshi, becoming the ...