Predict 2026 says it moved to New York from Las Vegas due to “regulatory pressure” from the Nevada Gaming Control Board. A spokesman for the supervisory authority says otherwise.
“The Nevada Gaming Control Board has not directed, requested or otherwise pressured any licensee or venue to cancel or decline to host any recent or upcoming event or conference as proposed,” a spokesperson told CoinDesk.
Earlier this month, the Prediction Conference, which featured some top traders from Polymarket, took place in Las Vegas – but in a hotel without a casino.
“We had a successful event last month that was attended by several stakeholders and will host another edition in November again in Las Vegas,” its founder, Ish Milly, told CoinDesk. “Our venue is off the strip and not in a casino.”
A spokesperson for the Nevada gaming regulator also told CoinDesk that “Gaming licensees are expected to comply with all federal, state and local laws and regulations and prevent any incident that may bring disrepute to the state or the gaming industry.”
Nevada is one of the states locked in a legal battle with the prediction market industry.
In April, a state judge ruled that Kalshi’s prediction markets were indistinguishable from gambling and ordered a state ban on the platform to be extended.
Recently, Michael Selig, chairman of the Commodity Futures Trading Commission, told Axios that sports betting and prediction markets are “two separate things.” Selig also said the CFTC is working with major sports leagues on market surveillance and other market integrity measures.
