New York sues prediction market platform Kalshi alleging 'illegal gambling operation'
Associated Press
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FILE - An ad for the prediction market app Kalshi is displayed on a mobile phone Thursday, April 16, 2026, in Chicago. (AP Photo/Erin Hooley, file)FILE - Attorney General of New York Letitia James reacts during a Rental Ripoff Hearing at Fordham University on Wednesday, March 11, 2026, in New York. (AP Photo/Andres Kudacki, file)FILE - New York Gov. Kathy Hochul speaks following a ribbon cutting ceremony at the new Bills Highmark Stadium in Orchard Park, N.Y., Tuesday, June 23, 2026. (AP Photo/Jeffrey T. Barnes, file)
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FILE - An ad for the prediction market app Kalshi is displayed on a mobile phone Thursday, April 16, 2026, in Chicago. (AP Photo/Erin Hooley, file)