Nevada regulators push back after prediction market conference blames them for move
Spokesperson for regulator denies that it put pressure on ARIA Resort & Casino for hosting Predict 2026
What to know:
- Predict 2026 has said it moved its conference from Las Vegas to New York because of regulatory pressure from the Nevada Gaming Control Board, a claim the regulator disputes.
- A spokesperson for the Nevada Gaming Control Board said it did not pressure any licensee or venue to cancel or decline to host events and emphasized that gaming licensees must follow all laws and avoid bringing discredit to the state or industry.
- Nevada remains in a broader legal battle with prediction markets, including an April ruling that Kalshi’s markets were indistinguishable from gambling and extending the platform’s in-state ban.
Earlier this month, the Prediction Conference, which featured some top traders from Polymarket, took place in Las Vegas – but at a hotel without a casino.
“We had a successful event last month that was attended by several stakeholders and will be hosting a second edition in November again in Las Vegas,” its founder, Ish Milly, told CoinDesk. “Our venue is off the strip and not in a casino.”
A spokesperson for the Nevada gaming regulator also told CoinDesk that “Gaming licensees are expected to adhere to all federal, state, and local statutes and ordinances and prevent any occurrences that may bring discredit to the state or the gaming industry.”
Nevada is one of the states that is locked in a legal battle with the prediction market industry.
