SignificantLegalnypost·New York Post

NY sues Kalshi over alleged illegal gambling operation as prediction market war heats up

New York Attorney General Letitia James filed a lawsuit alleging Kalshi offered illegal gambling products to New Yorkers without a state license. The lawsuit was filed as competition intensifies among prediction market platforms.

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6/10

Friday, July 31, 2026 at 09:10 AM EDT

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