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Nevada attorney general plans civil enforcement action against Kalshi

Enforcement & compliance

Nevada Attorney General Aaron Ford’s office notified the Ninth Circuit that it intends to bring a civil enforcement action against Kalshi over its sports event contracts in Nevada. The office said Kalshi continued operating after a federal judge dissolved the preliminary injunction that had allowed the contracts to remain available during court proceedings.

The planned action could challenge Kalshi’s continued sports event contract operations in Nevada.

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Earlier fines and penalties by NGCB

DateCompanyAmountStoryAppeal status
CoinbaseNot statedNevada Gaming Control Board seeks injunction against Coinbase prediction marketsNot stated
CoinbaseNot statedNevada Gaming Control Board seeks to block Coinbase sports contractsNot stated
PolymarketNot statedNevada court bars Polymarket event contracts for at least two weeksNot stated
PolymarketNot statedNevada judge restricts Polymarket access for 14 daysNot stated
PolymarketNot statedNevada judge bars Polymarket event contracts for 14 daysNot stated

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Enforcement & compliance

Kentucky attorney general files lawsuits against Kalshi, Polymarket and VGW

Kentucky Attorney General Russell Coleman announced lawsuits against prediction-market firms Kalshi and Polymarket, alleging they offer illegal sports wagering and misleadingly suggest they are authorised in the state. Coleman also announced a separate lawsuit against sweepstakes casino operator VGW, alleging its dual-currency model constitutes illegal gambling. The CFTC maintains that it has authority over prediction markets.

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