New York Sues Kalshi Over Alleged Illegal Gambling
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New York Attorney General Letitia James has filed a lawsuit against prediction market platform Kalshi, alleging it operates an illegal gambling business by enabling users to bet on various events without a state gaming license. The suit seeks to halt Kalshi's operations in New York and recover damages, including three times the company's alleged illegal gains plus $100,000 per unauthorized wager. Kalshi has been targeted by multiple states over similar allegations.
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New York sues Kalshi for alleged violations of its gambling laws; the...
New York sued Kalshi's trading subsidiary for allegedly running an ill...
New York sues prediction market platform Kalshi alleging 'illegal gamb...
New York sues Kalshi for allegedly running an ‘illegal gambling operat...
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