The Nevada Gaming Control Board has reached an agreement with Kalshi requiring the prediction market operator to comply with a court order by August 12 or face a $120,000 daily penalty.
The Nevada Gaming Control Board has mandated Kalshi to adhere to a court directive by August 12, or else incur a daily fine of $120,000. This directive stems from a preliminary injunction by the First Judicial District Court in Nevada on May 18, which barred Kalshi from providing certain contracts within the state. The agreement between the Board and Kalshi signifies a commitment to meet the specified deadline and avoid financial penalties.
