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 New York sues Kalshi, says its prediction markets are illegal gambling
admin August 3, 2026
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New York sues Kalshi, says its prediction markets are illegal gambling

New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed in a state court in Manhattan, Attorney General Letitia James said Kalshi failed to obtain a New York State Gaming Commission license to operate its platform, where people trade based […]

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