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New York Governor Hochul, Attorney General James Announce State Has Sued Kalshi For Running Illegal Gambling Operation

Jul 31, 2026 · 07:35 AM ET· updated 3h ago

https://www.governor.ny.gov/news/governor-hochul-and-attorney-general-james-announce-new-york-has-sued-kalshi-running-illegal

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Why It Matters

New York says a company called Kalshi is breaking the law by letting people bet on things like elections and weather without permission. This shows that states are watching closely to make sure betting companies follow the rules, which matters when you think about whether these companies can grow their businesses.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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