New York Seeks Penalties That Could Reach $36 Billion in Kalshi Gambling Suit as NFL Presses CFTC on Sports Contracts
New York AG Letitia James filed suit against Kalshi on July 31, seeking up to $36 billion in penalties and…
Tag: CFTC
Kalshi Affiliate Promo Codes Put Sportsbook-Style Marketing in Front of CFTC Sports-Contract Fight
As Kalshi heads into its second NFL season with CFTC-regulated event contracts, the exchange has attracted a sprawling affiliate promo-code…
Minnesota Prediction-Market Ban Blocked as Courts Split on Federal Preemption
A federal judge blocked Minnesota's first-in-the-nation prediction market ban four days before it was set to take effect, while New…
New York Sues Kalshi Over Sports Contracts as State Seeks Shutdown and Penalties
New York AG Letitia James and Governor Kathy Hochul filed suit against Kalshi on July 31, 2026, seeking $36 billion…
New York’s Kalshi Suit Raises Pressure on Polymarket’s Sports Push
Polymarket is running a $20 bonus offer through the New York Post for NFL 2026 markets, advertising in a state…
Federal Judge Pauses Minnesota Prediction-Market Ban as New York Opens Kalshi Suit
A federal judge halted Minnesota's first-in-the-nation prediction market ban days before it took effect, handing Kalshi and Polymarket a preliminary…
New York Sues Kalshi as State and CFTC Fight Over Prediction Market Oversight
New York Attorney General Letitia James filed a $36 billion lawsuit against Kalshi on July 31, calling it an illegal…
New York Seeks Up to $36 Billion From Kalshi as NFL Urges CFTC Sports-Contract Limits
New York Governor Kathy Hochul and AG Letitia James filed a $36 billion civil enforcement action against Kalshi on July…
New York Sues Kalshi Over Alleged Illegal Gambling, Seeking Up to $36 Billion
New York filed a civil enforcement action against Kalshi on July 31, seeking at least $36 billion in penalties and…
Kalshi Loses New York Injunction Fight After Second Circuit Denies Emergency Relief
New York Attorney General Letitia James and Governor Kathy Hochul filed suit against Kalshi on July 31, 2026, seeking at…