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Kalshi sues Illinois over new tax on prediction market sports bets

  • Ars Technica faviconArs Technica

    By Ashley BelangerJun 29, 2026, 1:48 pm104 pts
    photo of Kalshi sues Illinois over new tax on prediction market sports bets imageA fight between states and the federal government over who should regulate sports betting is heating up, as states accuse prediction markets like Kalshi of taking the exact same sports bets as gambling platforms without paying taxes or adhering to stricter controls. Last Tuesday, Kalshi sued Illinois Attorney…
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