Caesars Entertainment agrees to pay a $7.8 million anti-money laundering fine related to convicted illegal gambling broker Matt Bower. The Nevada Gaming Control Board announced on Thursday that Caesars Entertainment was fined for anti-money laundering negligence related to Bower, becoming the third
The Nevada Gaming Control Board (NGCB) issued an official warning stating that offering prediction market contracts for sports, elections, or popular culture events constitutes "betting activities" in the state, and licensed institutions may face disciplinary action. NGCB became the third state regu
Kalshi’s future in Nevada is uncertain after the state’s gambling regulator ordered the financial exchange startup to halt trading on sporting events and elections.A cease and desist letter issued Tuesday, March 14, by the Nevada Gaming Control Board calls on Kalshi to cease all “unlawful activity”
Two years this month after being named chairman of the Nevada Gaming Control Board, Kirk Hendrick is stepping down from his post after the 2025 session of the Nevada Legislature.The exact date for Hendrick’s final day with the Board is to be determined, but in a statement released Wednesday, he said
Nevada Gaming Control Board member Brittnie Watkins announced during the board’s meeting on Wednesday that it would be her final session with the agency. Watkins, whose term is set to end on January 26, reflected on her tenure with gratitude and said she opted not to seek reappointment to the positi
The Nevada Gaming Control board rejected requests from two patrons to have casinos pay them more than $900,000 in winnings, ruling that the gamblers aren’t entitled to the money.One case of a disputed $250,000 involved a game of Texas hold ’em at Resorts World Las Vegas with the patron Avraham Orlof
Nevada doesn’t have a problem with illegal bookmakers like other states, but they continue to launder their money in Nevada, according to Kirk Hendrick, chairman of the Nevada Gaming Control Board.Hendrick’s comments were among the highlights Monday in an opening panel at the Global Gaming Expo in L
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