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: New York
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’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…
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…