Nevada Regulator Denies Pressuring Predict 2026 to Relocate from Las Vegas

According to a Nevada Gaming Control Board spokesperson, the regulator did not pressure prediction market firm Predict 2026 to move its conference from Las Vegas to New York, despite the company’s claim that it relocated due to regulatory pressure from the board. The spokesperson stated that gaming licensees must comply with federal, state, and local laws and prevent conduct that could discredit Nevada or the gaming industry. The dispute reflects broader regulatory friction between state gaming authorities and prediction market operators. In April, a Nevada judge ruled that Kalshi’s prediction markets were “indistinguishable” from gambling, extending the platform’s in-state ban.

In contrast, The Prediction Conference, which includes traders from Polymarket, successfully hosted an event in Las Vegas in May at a non-casino hotel venue. Founder Ish Milly told CoinDesk a second edition is planned for November, also in Las Vegas. The distinction between casino-linked and independent venues matters for prediction market operators navigating state regulatory risk.