Arizona calls Kalshi an illegal gambling business as first state in first state lawsuit against company
via apnews.com
Short excerpt below. Read at the original source.
Arizona on Tuesday became the first state to file criminal charges against Kalshi, accusing the prediction market company of operating an illegal gambling business within its borders, a significant escalation in the fight to regulate the popular platform. The 20-count charging document accuses Kalshi of accepting bets on political outcomes, college sporting competitions and individual […]