Tag: Nevada Gaming Control Board
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
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