Nevada gaming board member warns Kalshi and Crypto.com over sports contracts
Nevada Gaming Control Board member George Assad said at a board meeting that Nevada would not permit unlicensed platforms Kalshi and Crypto.com to offer contracts he considers sports wagers. His remarks followed a Nevada judge’s refusal to grant Crypto.com a preliminary injunction; Kalshi’s challenge to a state cease-and-desist order remains active, with another hearing expected in December.
The dispute affects whether prediction-market operators can offer sports-linked contracts in Nevada without state gambling approval.