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Iowa commission seeks cease-and-desist powers against unlicensed gambling operators

Regulation

The Iowa Racing and Gaming Commission is seeking authority to pursue cease-and-desist orders and injunctive relief against unlicensed gambling, sports betting, horse betting, fantasy sports and illegal sweepstakes operators. A bill filed in December would grant those powers, while Commission administrator Tina Eick said the agency regularly hears from residents reporting scams involving illegal online gambling operations.

The proposed powers could give Iowa regulators new enforcement options against unlicensed gambling operators.

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Federal judge blocks Nevada regulator from enforcing Kalshi cease-and-desist order

A US federal judge partly granted Kalshi's request for a temporary restraining order and preliminary injunction in Nevada, preventing the Nevada Gaming Control Board from enforcing its cease-and-desist order while the lawsuit continues. Kalshi can therefore continue offering sports event contracts in the state during the case; the company said the court recognised its status as a CFTC-regulated exchange.

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