NY Attorney General sues Kalshi, seeks $36 billion and shutdown

NY Attorney General sues Kalshi, seeks $36 billion and shutdown

Économie

New York Attorney General Letitia James filed a lawsuit in Manhattan on July 31 seeking an injunction and $36 billion in penalties against prediction-market platform Kalshi, alleging the service operates as an illegal gambling operation. According to ESPN, the earlier filing also accused Kalshi of running an illegal gambling business and demanded substantial fines. The suit, which also involves the Commodity Futures Trading Commission and the New York State Gaming Commission, aims to shut down the platform and recover damages for alleged violations of state gambling laws.

Acteurs

Letitia James Kalshi Kathy Hochul Commodity Futures Trading Commission New York State Gaming Commission

Lieux

Manhattan, New York, United States New York, United States

Articles

2 août 2026
1 au total
New York files $36 billion lawsuit against Kalshi, alleging it's running an "illegal gambling operation"
New York files $36 billion lawsuit against Kalshi, alleging it's running an "illegal gambling operation"

nbcsports.com • 02 août 15h17

New York Attorney General Letitia James filed a lawsuit against prediction-market platform Kalshi, accusing it of operating an illegal gambling operation and demanding billions in penalties.

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1 août 2026
1 au total
NY looks to shut down Kalshi, have it pay $36 billion in new lawsuit
NY looks to shut down Kalshi, have it pay $36 billion in new lawsuit

gothamist.com • 01 août 16h46

New York Attorney General Letitia James filed a lawsuit alleging that Kalshi operates as an illegal gambling platform, requesting an injunction and $36 billion in penalties.

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31 juillet 2026
5 au total
New York officials call Kalshi an 'illegal gambling operation' in new lawsuit
New York officials call Kalshi an 'illegal gambling operation' in new lawsuit

AP News • 31 juil. 16h41

New York Attorney General and Governor filed a lawsuit seeking $36 billion in damages, alleging Kalshi operates without a state gambling license and violates gambling laws.

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New York sues Kalshi for alleged 'illegal gambling operation'
New York sues Kalshi for alleged 'illegal gambling operation'

ESPN • 31 juil. 16h28

New York filed a lawsuit against prediction-market platform Kalshi, claiming its services constitute illegal gambling and seeking billions in penalties.

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New York sues Kalshi prediction market alleging ‘illegal gambling operation’
New York sues Kalshi prediction market alleging ‘illegal gambling operation’

The Guardian • 31 juil. 14h32

New York Governor Kathy Hochul and Attorney General Letitia James filed a lawsuit against prediction-market platform Kalshi, seeking forfeiture of profits, restitution and fines, claiming the company operates without a state gambling license.

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New York sues Kalshi, claims it is 'illegal gambling operation'
New York sues Kalshi, claims it is 'illegal gambling operation'

CNBC • 31 juil. 12h41

New York filed a lawsuit accusing Kalshi of operating without a state gaming license and seeking an injunction, penalties and restitution for users.

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New York sues prediction market Kalshi alleging it’s an illegal gambling operation
New York sues prediction market Kalshi alleging it’s an illegal gambling operation

CNN • 31 juil. 10h36

New York Attorney General Letitia James filed a lawsuit against Kalshi, claiming the platform operates without a state gambling license and allows under-age participation, seeking an injunction and penalties.

Crédibilité 72% Manip. 12% Centre

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