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Arizona charges Kalshi with criminal misdemeanors, alleging it's an illegal gambling operation
The Arizona charges are the first criminal charges to have been filed against Kalshi, though the company is embroiled in multiple lawsuits over its predictions platform.
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ft.com
Arizona indicts prediction market Kalshi for running illegal gambling operation
Desert state becomes first to file criminal case against prediction platform.
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cnbc.com
Arizona charges Kalshi with criminal misdemeanors, alleging it's an illegal gambling operation
The Arizona charges are the first criminal charges to have been filed against Kalshi, though the company is embroiled in multiple lawsuits over its predictions platform.
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Arizona charges Kalshi with operating illegal gambling business
US state first to file criminal case alleging prediction platform offered wagers circumventing unregulated betting ban
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huffpost.com
Arizona Hits Kalshi With Criminal Charges, Escalating Fight Between States And Prediction Markets
“Arizona will not be bullied into letting any company place itself above state law,” said Democratic Attorney General Kris Mayes.
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fortune.com
Arizona calls Kalshi an illegal gambling business as first state in first state lawsuit against company | Fortune
“Arizona will not be bullied into letting any company place itself above state law,” Democratic Attorney General Kris Mayes said.