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Nevada Gaming Control Board seeks injunction against Coinbase prediction markets

Enforcement & compliance

Nevada’s Gaming Control Board filed a civil enforcement action against Coinbase Financial Markets in Carson City on 2 February 2026, alleging unlicensed gambling activity. The Board is seeking a permanent injunction and declaratory judgment to stop the company offering event contracts to Nevada residents; Coinbase’s response is not stated in the source.

The case challenges whether Coinbase can offer event contracts to Nevada residents without state gaming licences.

Earlier fines and penalties by NGCB

DateCompanyAmountStoryAppeal status
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
PolymarketNot statedPortugal and Hungary prohibit Polymarket over illegal bettingNot stated
PolymarketNot statedNevada Gaming Control Board sues Polymarket over alleged unlicensed sports wageringNot stated

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