New York sues Kalshi for running gambling operation without a permit

Source: www.washingtonexaminer.com · Section: business-tech · Bias: Center-Right · Published: Fri, 31 Jul 2026 14:18:24 GMT

New York Attorney General Letitia James (D) sued prediction market platform Kalshi on Friday, accusing the federally regulated exchange of operating an illegal gambling business in the state, escalating a growing legal battle over whether prediction markets fall under state gambling laws or exclusive federal oversight. The lawsuit seeks to block Kalshi from continuing to […]

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