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…
Tag: Prediction Markets
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…
CFTC’s Wisconsin Lawsuit Keeps Prediction-Market Preemption Fight in Federal Court
A Wisconsin federal judge on July 29 denied the CFTC's preliminary injunction request, ruling the agency failed to show its…