Kalshi to stop accepting Nevada wagers by Aug. 12 or risk $120,000-a-day penalty

The Nevada Gaming Control Board announced late Friday that it reached an agreement with Kalshi to stop what regulators called the prediction market operator’s continued unlawful operation in Nevada by Aug. 12 or risk a fine of $120,000 per day. On May 18, the First Judicial District Court in Nevada entered a prelimina…