Industry
February 4, 2026
Coinbase in the Crosshairs as Nevada Seeks to Block the Exchange
Nevada’s pushback against prediction markets continues with regulatory action against Coinbase Financial Markets, the event contracts division of the famous crypto platform. This comes shortly after the Silver State cited a Massachusetts ruling in its fight against other prediction market companies. Coinbase Under Fire in Nevada The status of prediction markets continues to be murky […]
Industry
January 19, 2026
NGCB Says Resorts World Las Vegas Could Have Avoided $10.5M Fine
The Nevada Gaming Control Board (NGCB) said Resorts World Las Vegas could have avoided last year’s $10.5 million anti–money laundering fine (the second-largest in state history) if it had established a board of directors. What Prompted the NGCB’s Comments? The comment comes from NGCB member George Assad after the board voted to ban Mathew Bowyer, the […]
Legal
January 16, 2026
Kalshi’s Legal Battle in Nevada Heats Up as the Company Secures Partial Stay
Prediction markets powerhouse Kalshi has just been embroiled in legal trouble in Nevada amid a broader regulatory pushback against event contract providers. With that said, the company has now secured a partial stay to its case against the gaming regulator in the Silver State. Kalshi’s Battle Against the NGCB Rages on Kalshi’s clash with the […]
Legal
December 1, 2025
NGCB Again Warns Operators Who Offer Sports Event Contracts
Earlier this month, US District Judge Andrew Gordon ruled in favor of the Nevada Gaming Control Board (NGCB), finding that companies such as Kalshi, Robinhood, and Crypto.com engage in illegal gambling when they sell shares tied to the outcomes of sporting events. Following this landmark decision, the NGCB issued an additional notice to casinos, sportsbooks, and […]
Industry
October 17, 2025
Nevada Regulator Cracks Down on Event Contracts Related to Prediction Markets
In a letter sent Tuesday to licensed sportsbooks, the Nevada Gaming Control Board (NGCB) advised operators to “be mindful of their obligations to maintain suitability and comply with all applicable laws in all jurisdictions where they operate.” The board also noted that any operator choosing to offer sports or other event-based contracts will have their […]
Industry
August 27, 2025
Cyberattack Devastates State Services in Nevada
A devastating cyberattack has led to the shutdown of various state services in Nevada. While officials are working nonstop to resolve the issue, the problems persist. No Personal Data Has Been Leaked, Officials Say Nevada state offices have been forced to shut down in the wake of the severe cyberattack that happened earlier this week. […]
Sports
June 13, 2025
Trainer Fined $100K, Suspended for 15 Years in Appeal
A trainer in Nevada has been fined $100,000 by the Nevada Gaming Control Board and banned from horse racing for 15 years following shocking revelations by investigators. According to the NGCB, the trainer in question, Ricardo Castillo, has been tied to doping at least four of his winning horses, all of which tested positive for […]
Legal
April 25, 2025
Nevada Revokes the License of Trainer Who Drugged Horse
A trainer in Nevada had his license revoked for five years after regulators understood that he had been drugging his horse for years. Torres Gave Cocaine to His Horse The Nevada regulators understood that Alvaro Torres, a professional horse trainer whose horses have participated in a variety of high-profile races, had used drugs to make […]
Industry
April 22, 2025
Mike Dreitzer Appointed as New Nevada Gaming Control Board Chairman
Governor Joe Lombardo announced on Monday that Mike Dreitzer has been appointed as the new chairman of the Nevada Gaming Control Board. Governor Appoints New Chairman Dreitzer will succeed Kirk Hendrick, who plans to resign after the 2025 legislative session. In a statement, Governor Joe Lombardo expressed his enthusiasm for appointing Mike Dreitzer as the incoming […]
Legal
April 9, 2025
Kalshi Scores Key Legal Win in Nevada Prediction Market Case
A federal judge has granted Kalshi a major legal victory in its ongoing conflict with Nevada regulators, marking a significant landmark in the ongoing disputes surrounding prediction markets in the USA. The newest ruling allows the controversial platform to keep offering sports event contracts in the state, at least until the ongoing lawsuit reaches its […]
