Monday, August 3, 2026Vol. XII · No. 214

Finance

New York sues Kalshi over alleged illegal gambling operation

The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.

New York sues Kalshi over alleged illegal gambling operation
Wire / Centuries Mutual

The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.


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