KalshiEX LLC v. Nevada Gaming Control Board

Geofencing settlement (effective Aug. 2026)9th Cir.Kalshi v. State

Last updated August 16, 2026. Snapshot — not legal advice.

Overview

After the Nevada Gaming Control Board sent a cease-and-desist and a state court ordered geofencing, the Board alleged noncompliance and sought contempt. In July 2026 the parties settled via a joint stipulation: Kalshi agreed to implement full multi-source geofencing (via GeoComply) by August 12, 2026 or pay roughly $120,000 for each day it remains incomplete, and the contempt hearing was canceled. The Ninth Circuit had denied stay requests; there is no merits ruling on preemption.

Timeline

March 2025

Nevada Gaming Control Board issues a cease-and-desist; Kalshi sues in the First Judicial District Court (Carson City).

May 2026

State court orders Kalshi to geofence Nevada; the Board later alleges noncompliance and seeks contempt.

July 2026

Parties settle: full geofencing by Aug. 12, 2026 or ~$120k/day; contempt hearing canceled.

What's next: Geofencing deadline of August 12, 2026; the Ninth Circuit denied stays with no merits ruling.

Parties

Plaintiffs

  • KalshiEX LLC

Defendants

  • Nevada Gaming Control Board
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