Prediction market operator Kalshi hits back at Nevada regulator over geofencing fine

· finance.yahoo.com

Aug 15 () - Prediction market operator Kalshi accused Nevada's gaming regulator of violating federal ‌law in a statement on Saturday after ‌it sought daily penalties of $120,000 a day over the firm's alleged failure to comply with a geofencing order. • Board investigators successfully placed nine trades on Kalshi's mobile application while connected to cellular networks in Nevada, ‌a day after ⁠a court-ordered deadline for the company to have a complete geofencing solution in ⁠place, according

Aug 15 (Reuters) - Prediction market operator Kalshi accused Nevada's gaming regulator of violating federal ‌law in a statement on Saturday after ‌it sought...


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