Home Business News New York sues Kalshi, says its prediction markets are illegal gambling

New York sues Kalshi, says its prediction markets are illegal gambling

New York sues Kalshi, says its prediction markets are illegal gambling

Written By:
Published: August 1, 2026 10:19:11 IST

Add NewsX As A Trusted Source

By Jonathan Stempel NEW YORK, July 31 (Reuters) – New York's attorney general sued Kalshi on Friday, claiming that its prediction market platform violates state laws against illegal gambling. The case

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

RELATED News

Warsh raised changing frequency of Fed policy meetings, NYT reports

US Commodity Futures Trading Commission fines George Santos for alleged manipulative trading

Exclusive-Bessent's 'to do' list: buy $5-10 billion worth of Japanese yen, Reuters photo shows

Exclusive-Bessent's 'to do' list: buy $5-10 billion worth of Japanese yen, Reuters photo shows

Alphabet rolls back AI image generation in Google Earth over policy violations

LATEST NEWS

Amgen discloses data breach, says patient information was stolen

Top seed Pegula beats Kalinskaya to book semi-final spot at Washington Open

UPDATE 2-Russia pounds Kyiv with missiles, killing at least nine

Exclusive-OpenAI finds evidence other AI agents escaped containment as it widens hacking probe

Top seed Pegula beats Kalinskaya to book semi-final spot at Washington Open

UPDATE 2-China conducts naval, air patrols around disputed shoal in South China Sea

Exclusive-OpenAI finds evidence other AI agents escaped containment as it widens hacking probe

New York sues Kalshi, says its prediction markets are illegal gambling

TIMELINE: FIFA's World Cup stake plan and reactions to the plan across world soccer

Ty France leads charge as Padres blank Giants

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

QUICK LINKS

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

Group Websites

QUICK LINKS