State of Nevada ex rel. Nevada Gaming Control Board v. KalshiEX LLC
Also captioned State of Nevada v. KalshiEX, LLC
Geofencing stipulation; state seeks daily penalties9th Cir.State v. Platform
Docket last checked September 26, 2026. Snapshot — not legal advice.
As of September 27, 2026, Nevada has a restriction on prediction-market platforms currently in effect. Nevada status and cases →
Overview
The Nevada Gaming Control Board sued Kalshi in state court in Carson City in February 2026 to enforce Nevada gaming law. (Kalshi’s own suit against the Board is the separate federal case, Assad.) Kalshi removed the case to federal court, which sent it back to state court in March 2026. After the 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.
Changes
Logged September 24, 2026
Correction
We had the parties reversed. This is the Nevada Gaming Control Board’s enforcement action against Kalshi, filed in Carson City in February 2026 (No. 260000050-1B), not a suit by Kalshi. Kalshi’s own suit against the Board is the federal Assad case.
The Control Board told the Carson City court Kalshi missed its August 12 geofencing deadline and asked for the stipulated $120,000-a-day penalty. Kalshi disputes it. We had carried the deadline as upcoming; no ruling has been reported.
The Nevada Gaming Control Board sues Kalshi in the First Judicial District Court (Carson City, No. 260000050-1B); Kalshi removes the case to federal court (D. Nev. No. 2:26-cv-00406).
March 2026
Judge Miranda M. Du remands the case to state court; the Ninth Circuit denies Kalshi an administrative stay (No. 26-1304).
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.
August 2026
The Control Board tells the court Kalshi missed the August 12 deadline, citing test trades placed from Nevada, and asks for the $120,000-a-day penalty; Kalshi disputes noncompliance.
What's next: The Board’s motion to impose the daily penalty is pending in Carson City; no ruling has been reported. Kalshi says it complied through GeoComply and that the Board’s test trades were improper.
Parties
Plaintiffs
State of Nevada ex rel. Nevada Gaming Control Board
Defendants
KalshiEX LLC
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