Kalshi has responded to allegations from the state of Nevada regarding its compliance with geofencing requirements. The prediction market operator claims that the state's gaming regulator has violated federal law. This response comes after state prosecutors filed a motion in state court on August 12, asserting that Kalshi did not implement a geofencing solution as required.
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Kalshi challenges Nevada's geofencing compliance claims in court
Kalshi has filed a motion in state court contesting Nevada's allegations of non-compliance with geofencing requirements. The company claims that the state's gaming regulator has violated federal law in its assertions against them.
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Kalshi accuses Nevada investigators of violating federal law in geofencing complaint
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Kalshi challenges Nevada's geofencing compliance claims in court