CoinDesk·4 min read·medium
New York sues Kalshi, alleges it offers a gambling platform 'plain and simple'
O
Olivier Acuna
✦AI Summary
The State of New York has filed a lawsuit against prediction market platform Kalshi, alleging it operates as an unlicensed gambling business. The state is seeking significant financial penalties and an injunction to stop the company from offering wagers on sports and political events to New York residents.
New York sued prediction-market Kalshi , alleging it offers sports and event wagers in the state without a gaming license.
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