Prediction market Kalshi is facing legal battles and enforcement actions from New York state regulators.

3 reports, 3 independent Updated Aug 18

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Developments: 2
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What happened

Well supportedReported by 3 independent outlets

Prediction market Kalshi is facing legal battles and enforcement actions from New York state regulators.

Who's involved

What this event is mainly about

New York Kathy Hochul Letitia James

How it developed

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Aug 18NY state alleges Kalshi is skirting sports betting tax, amid regulatory pushback.1 source
- nystateofpolitics.com
Jul 31NY Governor and AG are enforcing state gambling laws against prediction market Kalshi.1 source
- indiatimes.com

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Part of

In New York, the Governor and the Attorney General are enforcing state gambling laws. All 1 developments

The entities involved

New York
state of the United States of America
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Kathy Hochul
57th Governor of New York since 2021
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Letitia James
Attorney General of New York since 2019
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- AG Letitia James filed a lawsuit in Manhattan court, supported by Governor Kathy Hochul.Fri 05:04

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