← Back to feed Music & Entertainment

New York sues Kalshi for allegedly running an ‘illegal gambling operation’

The Verge 31 July 2026 15h ago
New York sues Kalshi for allegedly running an ‘illegal gambling operation’
77
Relevance
14/25
Freshness
24/25
Authority
18/20
Brand Signal
11/15
Depth
10/15
Relevance Freshness Authority Brand Depth
New York is suing Kalshi over claims the prediction market is running "an illegal gambling operation." In the lawsuit, New York Attorney General Letitia James accuses Kalshi of violating state laws by accepting wagers without a license from the state's gaming commission, as reported earlier by CNBC. An investigation from the Office of the Attorney […]
Read Full Article → The Verge ↗