Markets

New York sues Kalshi, says prediction market is running 'illegal gambling operation'

Reported by CNBC Finance · Published 31 Jul 2026, 8:41 PM MYT (1 hr ago)

It comes after a federal judge earlier this month denied Kalshi's attempts to intervene against the state's Gaming Commission.

Source & full coverage: this summary is aggregated from CNBC Finance, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CNBC Finance →

New York sues Kalshi, says prediction market is running 'illegal gambling operation'

Summary

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