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New York sues Kalshi over illegal gambling violations, seeks up to $36 billion in penalties
New York AG Letitia James and Governor Hochul sue Kalshi for illegal gambling, seeking up to $36 billion in penalties against the $22 billion
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forbes.com
The Tax Reasons For New York To Treat Kalshi Like A Sportsbook
New York sued Kalshi for illegal gambling, but the real motive is tax revenue. Here's the tax wedge behind the lawsuit — and what it means for bettors.
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economictimes.indiatimes.com
New York sues Kalshi, says its prediction markets are illegal gambling - The Economic Times
New York's attorney general has sued Kalshi, alleging its prediction market platform operates illegally. The state claims Kalshi lacks a required gambling license to offer such…
