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Nevada Senate advances SB256 to forfeit illegal gambling profits

Regulation

The Nevada Senate unanimously approved SB256, sponsored by Senator Rochelle Nguyen, and sent it to the state House for consideration. The proposed bill would require people convicted of unlawful gambling operations to surrender profits and other benefits to the State General Fund. It would also reclassify certain gambling offences involving out-of-state entities as gross misdemeanours.

If enacted, SB256 would increase penalties for some out-of-state gambling activity and require forfeiture of related proceeds.

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Washington court blocks Kalshi sports contracts under preliminary injunction

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