Nevada Gaming Control Board takes legal action to halt Coinbase sports contracts
The Board has deemed Coinbase's event contract offerings unlawful in Nevada and in violation of state gaming laws.
Prediction market news and analysis across both regulated and grey markets, focusing on the licences, partnerships and product launches that show where event betting sits within the wider gambling sector. We follow the growth of new platforms, the response from regulators and the shifts traditional sportsbooks make as prediction markets edge into the iGaming mainstream.
The Board has deemed Coinbase's event contract offerings unlawful in Nevada and in violation of state gaming laws.
The regulator views prediction markets as functionally identical to betting exchanges that have operated since 2000.
Kalshi and Polymarket join tobacco, firearms and pornography on the league's prohibited advertising categories list.
The order follows a civil complaint filed by the Nevada Gaming Control Board on January 16, 2026.
OpenBet and Sportradar have declined to renew their memberships with AGA during the annual renewal period.
FanDuel Predicts is now available in all 50 US states.
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