Nevada gaming board member cites court ruling against Crypto.com injunction
Nevada Gaming Control Board member George Assad said a federal judge had denied Crypto.com’s request for a preliminary injunction against the Board. Assad said the ruling supported state oversight of sports event contracts; a separate earlier Nevada ruling had blocked enforcement against Kalshi, and the Board had issued Kalshi a cease-and-desist order.
The competing court rulings affect how prediction-market operators may offer sports contracts in Nevada.