New York Sues Kalshi, Alleging Platform Enables Illegal Gambling

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Finance

31 July 2026 at 9:27 pm

New York Sues Kalshi, Alleging Platform Enables Illegal Gambling

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Summary

New York is suing Kalshi, alleging it enables illegal gambling, as more U.S. states crack down on prediction markets despite pushback from federal regulators.

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