Nevada Sets Aug. 12 Cutoff for Kalshi, With $120,000‑a‑Day Penalty Planned

The Nevada Gaming Control Board announced on Friday that it has reached a binding agreement with Kalshi to shut down all sports, election, and entertainment prediction contracts in the state. The Board says the company must fully block Nevada users by August 12, 2026, or begin paying a $120,000‑per‑day penalty until t…