Home BlockchainNevada Authorities File Lawsuit against Coinbase over Unlicensed Wagering

Nevada Authorities File Lawsuit against Coinbase over Unlicensed Wagering

by Vivek Kumar
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Coinbase, Nevada, Games, Sport, Prediction Markets

The enforcement action over wagers on sports event contracts followed Coinbase announcing the launch of prediction markets in all 50 US states.

The Nevada Gaming Control Board announced that it had filed a civil enforcement action against Coinbase over wagers on sports event contracts.

In Monday filings in the First Judicial District Court of the State of Nevada in and for Carson City, the Nevada Gaming Control Board sued Coinbase Financial Markets over allegations the company offered unlicensed wagers on…

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