New York Sues Kalshi For Running 'Illegal Gambling Operation'

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By BeauHDJul 31, 2026, 1:00 pm116 pts
New York has sued prediction-market platform Kalshi, alleging it operates an "illegal gambling operation" without state authorization. "No matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple," said New York Attorney General Letitia James in a press release…

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