Kalshi and the Nevada Gaming Control Board entered into an agreement for the prediction market operator to complete geofencing in the state Rather than being held in contempt, Kalshi has agreed to immediately take steps to implement geofencing by Aug. 12 The Nevada Supreme Court denied Kalshi’s motion for an emergency stay earlier this month Kalshi has entered into an agreement with the Nevada Gaming Control Board to implement a multi-source geofencing solution in the state to prohibit certain event contracts, such as sports event contracts, by August. The Nevada Gaming Control Board announced the agreement late Friday, July 24. Rather than being held in contempt, the prediction market operator will provide periodic updates to the board detailing its geofencing efforts and have the entire process completed by Wednesday, Aug. 12. If Kalshi fails to have the process completed by that date it will be fined $120,000 a day until implementation...