RegulationiGaming Today · 4h ago
New York Sues Kalshi as Battle Over Prediction Markets Escalates
By Mihaela Gracanin•July 31, 2026
The brief
New York has intensified its campaign against prediction markets, taking legal action against Kalshi and arguing that the federally regulated platform is operating an illegal gambling business inside the state. The lawsuit, filed by Attorney General Letitia James in a Manhattan state court, accuses Kalshi of offering …
Original report
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