Kalshi and Nevada regulator trade accusations over geofencing compliance deadline
Kalshi and Nevada’s gaming regulator are accusing each other of wrongdoing as their long-running court fight shifts to whether the… Continue reading Kalshi and Nevada regulator trade accusations over geofencing compliance deadline The post Kalshi and Nevada regulator trade accusations over geofencing compliance deadline appeared first on ReadWrite .
Kalshi, a prediction market company, and the Nevada gaming regulator are engaged in a legal dispute over Kalshi's compliance with a geofencing requirement. Nevada argues that Kalshi failed to install third-party geofencing by the August 12, 2026 deadline, while Kalshi claims the technology was active and that Nevada investigators used misleading location information to bypass the controls.
Nevada stated that the requirement came after three months of court-ordered restrictions and that Kalshi had agreed to have the system ready by the deadline. Kalshi, however, maintains that it hired a state-approved vendor and updated Nevada every step of the way, accusing Nevada of falsifying information and breaking federal law to find a loophole and create additional legal issues.
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