Calling it an ‘illegal, unlicensed gambling operation’, state seeks to halt Kalshi’s operations and force it to forfeit profits New York officials sued the prediction market platform Kalshi on Friday, calling it an “illegal, unlicensed gambling operation” as the state seeks to halt its operations...
Source: [Guardian International](https://www.theguardian.com/us-news/2026/jul/31/new-york-sues-kalshi-gambling)