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Nevada judge lifts Kalshi injunction, requiring it to withdraw sports contracts

Enforcement & compliance

A Nevada federal judge lifted an injunction that had allowed Kalshi to offer sports event contracts in the state while its lawsuit continued. Judge Andrew Gordon ruled on 24 November that new developments, including other court decisions and Kalshi’s expanded sports offerings, warranted lifting the order in favour of the Nevada Gaming Control Board.

The ruling removes the court protection that had allowed Kalshi to keep sports contracts available in Nevada.

Earlier fines and penalties by NGCB

DateCompanyAmountStoryAppeal status
Caesars EntertainmentUSD 7,800,000Nevada Gaming Commission approves $7.8 million Caesars settlementNot stated
Crypto.comNot statedNevada judge rejects Crypto.com injunction and orders sports markets to stopNot stated
Not namedUSD 100,000Nevada Gaming Control Board fines Ricardo Castillo $100,000 and bars him for 15 yearsNot stated
Wynn Las VegasUSD 5,500,000Wynn Las Vegas accepts $5.5m penalty over anti-money-laundering failuresNot stated
Wynn ResortsUSD 5,500,000Nevada Gaming Control Board proposes $5.5m Wynn penaltyNot stated

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