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NEW York Supreme Court

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A courtroom document labeled 'Not Guilty' beside a gavel symbolizes justice.
NEWSJUL 31, 2026
New York Sues Kalshi, Alleging Prediction Markets Are Unlicensed Gambling
New York has sued Kalshi, alleging the prediction-market platform offers sports and event wagers without a gaming license. The state is seeking to bar the company from operating what officials describe as an unlicensed gambling business, while pursuing restitution, damages and civil penalties.