Arizona Files First Criminal Lawsuit Against Prediction Platform Kalshi for Illegal Gambling
Arizona has become the first US state to file a criminal case against prediction platform Kalshi, alleging it operated an illegal gambling business by offering wagers that circumvented unregulated betting bans, with the Attorney General stating Kalshi is running an illegal gambling operation and taking bets on Arizona elections.
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Kalshi charged criminally in Arizona for operating illegal gambling business - Reuters
Kalshi charged criminally in Arizona for operating illegal gambling business Reuters
Read full article →Arizona Charges Kalshi With Illegal Gambling Operation - Bloomberg.com
Arizona Charges Kalshi With Illegal Gambling Operation Bloomberg.com
Read full article →Arizona charges Kalshi with operating illegal gambling business
US state first to file criminal case alleging prediction platform offered wagers circumventing unregulated betting ban
Read full article →Arizona accuses Kalshi of illegal gambling in first-ever criminal lawsuit against the online betting company
Arizona Attorney General Kris Mayes said Kalshi is "running an illegal gambling operation and taking bets on Arizona elections, both of which violate Arizona law. AP Photo/Darryl Webb Arizona filed criminal charges against Kalshi, saying it has violated two state laws. It's the first state to file criminal charges in the prediction market's legal battle with states. The Trump administration has signaled it will defend prediction markets in these fights. Kalshi's legal battle with states is ...
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