Kalshi Faces $36 Billion Lawsuit from New York AG James
Ohio regulators announced a $5 million fine for Kalshi in April for operating without a license. New York AG James now seeks $36 billion from Kalshi, alleging illegal gambling activities.
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Ohio regulators announced a $5 million fine for Kalshi in April for operating without a license. New York AG James now seeks $36 billion from Kalshi, alleging illegal gambling activities.
New York AG Letitia James files a lawsuit against Kalshi for operating without a required permit from the New York State Gaming Commission.
New York's Governor and Attorney General have filed a lawsuit against Kalshi, seeking $36 billion in damages.
Prediction markets suffered legal setbacks in New York and Wisconsin this week as judges ruled against the CFTC and Kalshi.
A new statewide survey shows New Yorkers are still deeply split on whether online sports betting is a good thing, even as participation keeps growing and the market is bringing in substantial tax revenue.
New York's Turning Stone Resort Casino has opened The Crescent, a 258-room luxury hotel, and Salt, a fine-dining restaurant, as part of the first phase of its $400 million Turning Stone Evolution project.
It was another busy week in the prediction market space for several key stakeholders. This week, a District Court judge denied Kalshi’s motion for a preliminary injunction in New York to allow the prediction market to keep its sports event contracts online.
Kalshi suffered a blow to its legal status in New York as a judge declined to grant the company a preliminary injunction in its lawsuit against the state’s Gaming Commission.
Joey Chestnut and Miki Sudo are favored to win the Nathan’s Hot Dog Eating Contest on Saturday in Coney Island, New York.
Delaware North is bridging the gap between its portfolio of gaming verticals with the launch of a new brand that streamlines the company’s entertainment operations.
The Cayuga Nation of New York sued Caesars Entertainment in federal court on Tuesday, alleging that the company offered online sports betting on tribal lands.
A devastating barn fire at Saratoga Casino Hotel’s harness racing facility in Saratoga Springs, New York, has claimed the lives of 17 horses.