New York sues Kalshi for running gambling operation without a permit
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July 31, 2026
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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 […]
Source: https://www.washingtonexaminer.com/feed - Read Original
"What you put in is not always what you get out."
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