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Event Brief

New York sues Kalshi over alleged illegal gambling

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.

Reporting from 2 identified publishers across this event arc.

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