In a statement, James said Kalshi violates New York’s anti-gambling laws, which are designed to protect minors from betting and combat gambling addiction in adults. “No matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple,” she said, adding that Kalshi’s actions are harming the…
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New York is suing prediction market Kalshi, calling it an illegal gambling operation
In a statement, James said Kalshi violates New York’s anti-gambling laws, which are designed to protect minors from betting and combat gambling addiction in adults. “No matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple,” she said, adding that Kalshi’s actions are harming the… Read Entire Article Source: Read […]
