Nevada Seeks Daily Fines as Kalshi Blames Investigators for Geofencing Workaround

Kalshi says Nevada investigators misrepresented their residence and “actively worked to circumvent” restrictions that blocked them from trading after the Aug. 12 deadline. Prediction market platform Kalshi has accused Nevada gaming regulators of breaking federal law, as the two sides trade blows over whether the company properly geofenced the state by a court-ordered deadline. The […] The post Nevada Seeks Daily Fines as Kalshi Blames Investigators for Geofencing Workaround appeared first on Gambling Insider.

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