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New York sues Kalshi, calling it illegal gambling company

Written By: TDG Syndication
Last Updated: August 1, 2026 10:35:04 IST

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 gambling operation." In a joint statement,

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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