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New York Attorney General Sues Kalshi, Claims Prediction Markets Violate State Gambling Laws

New York Attorney General Letitia James has filed a lawsuit against prediction market platform Kalshi, alleging that the company is operating an illegal gambling business in the state without the required regulatory approval. The legal action, filed Friday in New York State Supreme Court in Manhattan, marks the latest effort by state officials to crack…
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- New York Attorney General Sues Kalshi, Claims Prediction Markets Violate State Gambling Laws
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