New York sues to shut down Kalshi, seeks $100,000 for each unauthoriz… | HappeningNow.news

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New York sues to shut down Kalshi, seeks $100,000 for each unauthorized bet

The state claims Kalshi is an unlicensed sportsbook, while the prediction market says New York has no authority since it is regulated by a federal agency.

Source Fortune AI Summary Updated 4h 49m ago
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The state claims Kalshi is an unlicensed sportsbook, while the prediction market says New York has no authority since it is regulated by a federal agency.

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