A federal judge has denied Crypto.com an injunction that would have allowed the business to keep offering sports event contracts in Nevada even though the same judge granted a similar injunction to Kalshi in April.
Crypto.com sued the state in the U.S. District Court for the District of Nevada and filed for an injunction in June to block the Nevada Gaming Control Board from enforcing a cease-and-desist order issued in May against the company’s sports event contracts.
However, on Thursday the court revealed that it would not grant the injunction.
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