The future of Kalshi is at stake with New York's lawsuit. Discover CEO Tarek Mansour's insights on the gambling industry clash.

The state of New York filed a potentially $36 billion lawsuit against prediction-market giant Kalshi on Friday, accusing the company of “running an illegal

The suit also states that 18- to 20-year-olds can bet on Kalshi, but New York law requires sports bettors to be 21 and over.