FILE - An ad for the prediction market app Kalshi is displayed on a mobile phone Thursday, April 16, 2026, in Chicago. (AP Photo/Erin Hooley, file) New York officials sued prediction market platform ...

Novig filed suit against New York officials in an effort to prevent the state from targeting its federally regulated sports prediction market platform. Novig became the latest prediction market ...

NEW YORK (Reuters) – New York’s attorney general sued Kalshi on Friday, claiming that its prediction market platform violates state laws against illegal gambling. The case brought by Attorney General ...

New York officials have sued prediction market platform Kalshi, calling it an “illegal, unlicensed gambling operation” as the state seeks to halt its operations and force the company to forfeit its ...

The suit is the latest effort by states to crack down on an industry that critics have called predatory. At least 15 states have introduced legislation this year to regulate the markets. By Hurubie ...

New York officials sued prediction market platform Kalshi for potentially billions of dollars on Friday, calling it an “illegal, unlicensed gambling operation” that includes sports wagering as the ...