The Nevada Gaming Control Board has denied allegations that it pressured a venue to cancel a prediction market conference, after event organizers claimed they moved the event due to regulatory pressure. The Predict 2026 conference, which featured top Polymarket traders, was initially planned for Las Vegas but organizers stated they relocated to New York because of pressure from the regulator. However, a spokesperson for the Nevada Gaming Control Board told CoinDesk that the board did not direct, request, or pressure any licensee or venue to cancel or decline any event. The conference ultimately took place in Las Vegas at a hotel without a casino, and its founder confirmed a second edition will be held in November in Las Vegas. Nevada is among states locked in legal battles with the prediction market industry, with a judge recently ruling that Kalshi's prediction markets were indistinguishable from gambling and extending a ban on the platform. Meanwhile, CFTC Chair Michael Selig distinguished sports betting from prediction markets, noting the agency is working with major sports leagues on market surveillance.

Key facts

• Nevada regulator denies pressuring venue to cancel prediction market conference.
• Predict 2026 conference moved to New York, but organizer says Las Vegas event succeeded.
• Nevada judge ruled Kalshi's prediction markets indistinguishable from gambling.
• CFTC chair distinguishes sports betting from prediction markets.
• Conference founder confirms second edition in Las Vegas in November.