Arizona charges Kalshi with operating illegal gambling business

US state first to file criminal case alleging prediction platform offered wagers circumventing unregulated betting ban

martedì 17 marzo 2026 New tab

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Setback for prediction markets start-up as ruling that blocked enforcement by state regulators is overturned

ft.com8 mesi fa

Initiative highlights rapid evolution of events betting from quaint origins offering wagers on Oscars and elections

ft.com6 mesi fa

Open interest in Kalshi sports contracts has surged past any other category as lawsuits threaten operations

ft.com9 mesi fa

“Arizona will not be bullied into letting any company place itself above state law,” Democratic Attorney General Kris Mayes said.

fortune.com5 mesi fa

The Arizona charges are the first criminal charges to have been filed against Kalshi, though the company is embroiled in multiple…

cnbc.com5 mesi fa

As new bettors flock to platforms such as Kalshi and Polymarket, some make easy prey for trading firms and professional gamblers

ft.com4 mesi fa