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New York Attorney General

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New York sues Kalshi, calls it illegal gambling

New York sues Kalshi, calls it illegal gambling

New York Attorney General Letitia James filed a $36 billion lawsuit against prediction market platform Kalshi, alleging it runs an illegal gambling operation without a state license.

Business ·1 Aug 2026, 01:26 ·Rohan Iyer 3 min read