New York sues Polymarket U.S., two months after filing lawsuit against Kalshi
State attorney general Letitia James claims Polymarket has violated the state's gambling laws.


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State attorney general Letitia James claims Polymarket has violated the state's gambling laws.

The legal action against Kalshi focused on trademark infringement and injury to its reputation in addition to citing state authorities comparing the company's…

FlightAware says that Kalshi used its name and data to offer bets on flight cancellations without the flight tracker's permission.

New York sues Kalshi for allegedly running an 'illegal gambling operation'

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

The lawsuit, filed by Attorney General Letitia James, alleges Kalshi has been offering New Yorkers illegal gambling products without a state license.

It comes after a federal judge earlier this month denied Kalshi's attempts to intervene against the state's Gaming Commission.

The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.

The prediction markets company claimed that it would be "irreparably harmed" when an Illinois law signed as part of a budget package goes in effect on July 1.

Kentucky has sued Polymarket, Kalshi and Kalshi's partners Coinbase, Robinhood and Webull, over offering sports event contracts in the state.

Wisconsin's lawsuit against Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com deepens the battle between state gambling enforcers and federal regulators o…

Kalshi claims in a preemptive lawsuit that there is "a substantial risk" that Iowa will take action against it after a meeting it had with state regulators.

Kalshi is looking to have Nevada's lawsuit heard in federal court, again asserting it is subject only to federal commodity exchange laws.

Nevada sues Kalshi as federal regulators say back off
Coinbase sued regulators in Connecticut, Illinois and Michigan, arguing CFTC-regulated prediction markets fall under federal commodities law, not state gamblin…

Kalshi has sued New York's gambling regulator, claiming the state is overreaching its authority by issuing a cease and desist order.

Massachusetts argues Kalshi is making more money on sports wagers than legal, licensed sportsbooks.
. . Prediction market Kalshi filed a lawsuit against the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement after both state regulat…

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