New York sues Kalshi, calling it an ‘illegal gambling operation’

New York sues Kalshi, calling it an ‘illegal gambling operation’

💼 Finance & Business
📡 2 sourcesInc.com, Fast Company
Summary

New York officials sued prediction market platform Kalshi for potentially billions of dollars on Friday, calling it an “illegal, unlicensed gambling operation” that includes sports wagering as the state seeks to halt its operations and force the company to forfeit its profits. New York joins a growi

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