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New York sues Kalshi for allegedly running an ‘illegal gambling operation’

New York Attorney General Letitia James is suing prediction market platform Kalshi, alleging it operates an illegal gambling business by accepting wagers without a state gaming license. The lawsuit claims the platform exposes residents, including minors, to serious financial and personal risks, and seeks to block Kalshi's operations in the state.

Source
The Verge
Published
Jul 31, 2026 at 11:30 PM
Score
6.0 / 10