Kalshi Agrees to Geofence Nevada | Reno News

Nevada’s Gaming Control Board is forcing Kalshi, the prediction market platform, to install a digital geofence blocking Nevada residents from placing bets on sports and elections—or face $120K daily fines. After ignoring a May cease-and-desist order, Kalshi avoided court by agreeing to the fix, with a deadline of August 12th. The state’s crackdown signals serious intent to protect its gaming industry and shut down unlicensed betting operations. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1ad5beb21609dd35