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New York sues to shut down Kalshi, seeks $100,000 for each unauthorized bet

By fortune.com · · 1 min read
New York sues to shut down Kalshi, seeks $100,000 for each unauthorized bet

The state claims Kalshi is an unlicensed sportsbook, while the prediction market says New York has no authority since it is regulated by a federal agency.

Read the full article on fortune.com

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