The suit wants to bar the company from operating what it says is an unlicensed gambling business and seeks financial redress. New York State sued prediction-market platform Kalshi, accusing it of running an unlicensed gambling business and seeking to bar it from operating in the state. Attorney General Letitia James said Kalshi’s event contracts are illegal bets, including on sports, elections and culture, and alleges the platform allows underage wagering. The lawsuit, filed in the New York Sup…
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