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Nevada Bill Against Illegal Online Gaming Passes Senate
The Nevada Senate voted 20-0 in favor of a bill that attempts to address growing concerns over online gaming in the form of offshore betting and sweepstakes. Sen. Rochelle Nguyen’s Senate Bill 256 proposes that
Kalshi Wins Case In Nevada To Continue Operations
A federal court granted Kalshi a temporary restraining order and preliminary injunction as requested by the prediction markets site. A statement read, “Plaintiff’s motion for TRO and preliminary injunction
UFC Fighters Suspended in Betting Scandal Tied to James Krause
The Nevada Athletic Commission (NAC) has given lengthy suspensions to two fighters in connection with a 2022 UFC betting scandal. The case centers around a fight between Darrick Minner and Shayilan Nuerdanbieke on 5
Resorts World Las Vegas Faces $10.5M Fine for Nevada Anti-Money Laundering Failures, Will Companies Ever Understand Crypto?
The Nevada Gaming Control Board (NGCB) and Resorts World Las Vegas (RWLV) have agreed to a proposed $10.5 million settlement, the second largest in Nevada gaming’s history. The settlement comes after a regulatory
Nevada Senator Introduces Bill to Crack Down on Illegal Gambling
A Nevada Senator has introduced a bill that aims to enshrine harsh penalties into law for offering illegal gaming activities in the state. Senate Bill 256 (SB256) was introduced by Senator Nguyen and referred to the
Prediction Market Giant Kalshi Offers NCAA Single Match Sports Events Contracts
Prediction market exchange Kalshi is now offering events contracts akin to single-event sports contracts ahead of March Madness. March Madness is America’s largest single-elimination tournament, and Kalshi has
Kalshi versus Nevada: The Fight Over Event-Based Betting
The Nevada Gaming Control Board (NGCB) has issued a cease-and-desist order to Kalshi, requiring the company to cease all unlawful activity by 14 March 2025. Event-based contracts, crypto sportsbooks, and online
Slots Lead, Baccarat Booms: Inside Nevada’s Latest Gaming Revenue Report
The Nevada gaming industry started the year strongly, reporting a total gaming win of $1.44 billion in January, up 12.54 percent year-over-year from 2024 when it was $1.28 billion. On a rolling twelve-month basis,
Las Vegas Strip Meets Crypto: Kayak Protester Uses Bellagio Fountains for Token Promotion
A man has been arrested and is facing misdemeanor charges for promoting cryptocurrency after holding up a sign from his kayak in the famous Bellagio Hotel & Casino fountains. Protestors gathered in front of the