Kalshi, which is headquartered in New York, has already been sued by multiple states.

The federal government may feel that way, but the state of New York’s lawsuit asks the court to compel Kalshi to “forfeit all ...

The CFTC ordered Kalshi to continue operating its exchange in New York despite the state's lawsuit to shut it down.

Kalshi lost an attempt to override New York’s state gambling laws yesterday, with a federal judge rejecting the prediction market operator’s request to prevent enforcement of the rules. Kalshi is ...

The state of New York filed a lawsuit against Kalshi on Friday, accusing the prediction market company of running an "illegal gambling operation." ...

The probe targets the marketing practices of four prediction markets with operations in the city.

The Chicago Cubs trade at $0.615 per share on Kalshi to beat the White Sox ($0.38 per share), and the New York Yankees trade ...

The state wants the $22 billion exchange to repay customers nationwide, surrender its proceeds, and pay triple its alleged gains—plus $100,000 for each unauthorized sports bet.

The Kalshi promo code SYRACUSE is live: trade $25, get up to $500 in bonus credit for San Diego Padres vs. New York Mets, ...

New York sued Kalshi for illegal gambling, but the real motive is tax revenue. Here's the tax wedge behind the lawsuit — and what it means for bettors.

A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.

The Trump administration is trying to stop New York from enforcing its gambling laws against Kalshi, and yesterday said it ordered the prediction market to continue operating in the state. The ...