The Nevada Gaming Control Board and the Nevada Gaming Commission together regulate gaming in Nevada, the oldest and most established gambling regulatory system in the United States, licensing casinos, sportsbooks, suppliers, key employees and online poker, conducting suitability investigations, enforcing the Gaming Control Act and publishing monthly revenue data. Nevada's regulators are the model for suitability investigation across the American states and have taken a leading role in the state challenge to federally regulated sports event contracts.
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Preston Banks says he spent three years tracking an "Argentina Scheme" of up to 150 patrons on unverified funds, that executives called the behaviour "cultural", and that he was dismissed 27 days after his final report while the casino banned 28 of the patrons and chased $12 million in unpaid credit. Resorts World calls the suit frivolous.
The Nevada Gaming Control Board used its first meeting after the Ninth Circuit ruling to say sports event contracts are sports bets, full stop. Kalshi's co-founder says the company will keep arguing for a single federal regulator, and New Jersey has now asked the Supreme Court to settle it.
A federal appeals court has rejected the argument on which the entire prediction market industry rests, holding that a sporting result is not the kind of event the Commodity Exchange Act was written to cover. It is the clearest defeat Kalshi has suffered, and it points directly at the Supreme Court.
Nevada's landmark lawsuit against Polymarket marks a pivotal shift in the war between state gaming regulators and federally licensed prediction markets, as the "Silver State" seeks to protect its licensing monopoly from Silicon Valley's latest financial innovations.
Kalshi has agreed to wall off Nevada users through GeoComply by 12 August or face a $120,000-per-day fine, settling with the state's regulator to avert a contempt proceeding. The deal follows eight test purchases investigators made from inside the state despite the platform's existing blocks.
Nevada's gaming regulator wants KalshiEX held in contempt, and hit with penalties of up to $120,000 a day, for letting people inside the state trade event contracts a court told it to block. The twist: federal judges have just ruled the opposite way, leaving the same product protected in one forum and prosecuted in another.
Austrian prosecutors have filed criminal bribery charges against Novomatic founder Johann Graf and former Ainsworth CEO Harald Neumann, adding fresh regulatory scrutiny to a company already locked out of its AU$1-per-share takeover of Australian gaming supplier Ainsworth Game Technology after minority shareholders blocked the deal in February 2026.
A Nevada federal judge has remanded disputes involving Kalshi and Polymarket back to state court, a shift that clears the way for Nevada regulators to pursue rapid orders that could restrict prediction market contracts offered to residents.
Nevada's top gaming regulator has dramatically escalated its fight against prediction markets, issuing a formal notice that warns its own licensees they could
Financial technology firm Robinhood has taken the aggressive step of suing the state gambling regulators in New Jersey and Nevada, launching a direct legal
The Nevada Gaming Commission (NGC) has approved a $5.5 million fine against Wynn Las Vegas for anti-money laundering (AML)-related violations involving