Nevada Takes Legal Action Against Coinbase Over Unlicensed Sports Betting Markets
In a significant legal development, the Nevada Gaming Control Board (NGCB) has filed a lawsuit against Coinbase Financial Markets, accusing the cryptocurrency exchange of operating unlicensed sports prediction markets. This move, announced on February 2, 2026, seeks to prevent Coinbase from offering wagers on sports events through its prediction market platform. The complaint requests the court to issue a temporary restraining order and a preliminary injunction, halting Coinbase’s operations in Nevada. The NGCB argues that Coinbase’s sports-related event contracts fall under […] The post Nevada Takes Legal Action Against Coinbase Over Unlicensed Sports Betting Markets appeared first on World Casino News.
In a significant legal development, the Nevada Gaming Control Board (NGCB) has filed a lawsuit against Coinbase Financial Markets, accusing the cryptocurrency exchange of operating unlicensed sports prediction markets. This move, announced on February 2, 2026, seeks to prevent Coinbase from offering wagers on sports events through its prediction market platform. The complaint requests the court to issue a temporary restraining order and a preliminary injunction, halting Coinbase’s operations in Nevada. The NGCB argues that Coinbase’s sports-related event contracts fall under […]
The post Nevada Takes Legal Action Against Coinbase Over Unlicensed Sports Betting Markets appeared first on World Casino News.
