Event Brief
New York sues Kalshi over alleged illegal gambling
Filed: Jul 31, 2026 at 8:09 AM ET
Summary: New York state sued prediction market platform Kalshi, calling its event contracts illegal gambling.
WHO: New York state
WHAT: Sued prediction market platform Kalshi over alleged illegal gambling
WHEN: Jul 31, 2026 at 7:28 AM ET
WHERE: USA
WHY: The lawsuit alleges Kalshi’s event contracts are illegal gambling.
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