Reason · Jul 31, 2026 19:40 UTC New York Wants a $36 Billion Cut From Kalshi, Calling It an 'Illegal Gambling Operation' Read full story on Reason Share AI disclosure Summary An illustration of Kathy Hochul alongside the Kalshi logo Original reporting Open original source Related coverage New York sues Kalshi, says its prediction markets are ‘illegal gambling’ Al Jazeera | Jul 31, 2026 17:52 UTC George Santos settles with CFTC over Kalshi bets The Hill | Jul 31, 2026 20:43 UTC Read full article on Reason Get the AFBytes Brief Major stories, AI-assisted analysis, and what to watch next. Free, monthly, unsubscribe anytime. Subscribe
New York sues Kalshi, says its prediction markets are ‘illegal gambling’ Al Jazeera | Jul 31, 2026 17:52 UTC