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Nevada gaming board member cites court ruling against Crypto.com injunction

Regulation

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.

End-of-day close MGM Resorts (MGM), USD, to 21 November 2025
Story date25 August 202521 November 2025

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