Nevada’s Gaming Control Board says Kalshi missed an Aug. 12 geofencing deadline and should pay $120,000 a day until it fully blocks Nevada users from its platform.
Nevada’s problem gambling council has left the National Council on Problem Gambling, citing NCPG’s $2 million Kalshi partnership as a threat to its independence.
Nevada regulators fined four Las Vegas Strip casinos a combined $32 million for anti-money laundering failures, but critics say the penalties are too small to change operator behavior.
The Nevada Council on Problem Gambling is severing ties with the National Council on Problem Gambling this month, joining Michigan in objecting to NCPG’s Kalshi partnership.
Kambi has signed a 10-year deal to supply Station Casinos with its turnkey sportsbook and PAM platform, marking Kambi’s first entry into the Nevada betting market.
Boomer’s Sportsbook has been approved to take over sportsbooks at Four Queens and Binion’s on Fremont Street, with both locations targeting a Sept. 1 opening ahead of NFL season.
Kalshi has agreed to finish rolling out third-party geofencing in Nevada by August 12 or pay $120,000 a day, avoiding a contempt hearing tied to a May court injunction.
GRAI, Ireland’s newly operational gambling regulator, has signed its first U.S. cooperation agreement with the Nevada Gaming Control Board as it rolls out a new betting licensing regime.
Kalshi has agreed to geofence Nevada out of its sports, election, and entertainment contracts by Aug. 12 or pay the state $120,000 a day, settling a months-long contempt fight.
Reps. Steven Horsford and Mark Amodei introduce the Prediction Markets Are Gambling Act, aiming to bar Kalshi, Polymarket, and similar platforms from offering sports-style event contracts.
Nevada added 3,800 jobs in June, pushing statewide employment to a record high as Las Vegas hit an all-time employment peak of 1,178,100 jobs.
Vegas Golden Knights owner Bill Foley has outlined plans to pursue an NBA expansion franchise for Las Vegas, adding weight to years of expansion speculation.
