event contracts

Nevada Gaming Control Board orders Kalshi to get out

Nevada’s gaming regulator has told Kalshi that it cannot offer its prediction markets and event contracts in the state. The Nevada Gaming Control Board (NGCB) announced on Tuesday that it has sent a cease-and-desist letter to Kalshi, ordering the company to stop accepting business from Nevada residents by March 14. The letter asserts that the kind of event contracts that…

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