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New York sues Kalshi, claims it is 'illegal gambling operation'
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New York sues Kalshi, claims it is 'illegal gambling operation'

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

Michael M. Santiago | Getty Images New York state sued prediction market platform Kalshi on Friday, alleging that the company is running an "illegal gambling operation." In a case filed in a Manhattan state court, the lawsuit claims that Kalshi accep... [3383 chars]

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Source: CNBC

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