NYC Council Opens Marketing Probe Into Kalshi, Polymarket, Coinbase and Gemini Titan
The NYC Council launched a deceptive-marketing investigation into Kalshi, Polymarket, Coinbase, and Gemini Titan on August 12, a day after…
Tag: Letitia James
New York Says Kalshi Penalties Could Reach $36 Billion in Sports-Contract Suit
The CFTC on August 11 ordered Kalshi to keep operating under federal rules after New York filed a $36 billion…
Kalshi’s New York Appeal Remains a Preemption Fight After Second Court Denial
The CFTC invoked emergency authority on August 11 to order Kalshi to continue operating under federal rules, directly countering New…
State Lawsuits Put Sports Prediction Markets on Collision Course With CFTC Rulemaking
The CFTC told federally regulated prediction markets on August 7 to stop displaying sports contracts as plus-minus moneyline odds, calling…
New York Seeks Up to $36 Billion From Kalshi as Courts Test State Gambling Authority
New York AG Letitia James filed a state-court petition against Kalshi on July 31, 2026, seeking at least $36 billion…
New York Sues Kalshi Over Sports Markets, Seeking Penalties That Could Reach $36 Billion
New York Attorney General Letitia James filed a $36 billion lawsuit against prediction-market exchange Kalshi on July 31, 2026, alleging…
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…
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…