Kalshi is no longer welcome in one of the 50 states. But will it continue to offer prediction markets and sports betting in every state anyway.

News came late Tuesday that the Nevada Gaming Control Board had issued a letter to Kalshi.

Kalshi has ten days to comply with request. The NGCB also notes that past activity in the state is potentially subject to criminal and civil penalties.

Kalshi did not immediately respond to a request for comment by The Event Horizon. 

Kalshi currently operates in all 50 states as a federally regulated prediction market under the auspices of the Commodity Futures Trading Commission. It started offering sports wagering earlier this year.

It’s not clear if states have the authority to rein in Kalshi. But in the face of expanded and quasi-regulated sports wagering nationwide, jurisdictions beyond Nevada seem likely to test these waters.