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Nevada sues Kalshi for operating a sports gambling market without a license

The Trump administration, which has ties to the prediction market business, claims it has the sole right to enforce it.

Nevada is taking action against the rapidly growing Wild West of prediction markets. The state’s gambling regulators and attorney general sued Kalshi on Tuesday. They accuse the company of bypassing Nevada law by operating a sports gambling market wi… [3248 chars]

Source: Engadget | Published: 2026-02-18T17:57:21Z

Credit: Engadget

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