Connecticut’s Department of Consumer Protection Gaming Division confirmed it is investigating Kalshi over suspected violations of state law. The department said the investigation began in autumn but provided no further details; the allegations concern the company’s prediction-market activity.
The investigation puts Kalshi’s prediction-market activity under state-level legal scrutiny.
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The NFL suspended an Arizona Cardinals executive last week for violating the league's sports betting policy. The suspension followed an investigation, the report said. The executive was not named in the report.
Springfield, Massachusetts, filed a lawsuit against MGM Resorts International on 3 September in Hampden Superior Court over alleged casino host agreement breaches. MGM accused city officials of obstructing its proposed sale of MGM Springfield to another operator.
New York Governor Kathy Hochul and Attorney General Letitia James filed a lawsuit accusing prediction-market operator Kalshi of violating state gambling laws, according to a report. The report’s headline describes the action as a $36bn legal case, but the supplied text gives no further detail on that figure. The claims are allegations, and the source excerpt does not provide Kalshi’s response or the case’s status.
Baltimore has sued FanDuel and DraftKings in the city’s Circuit Court, alleging deceptive and unfair practices that violate its Consumer Protection Ordinance. The complaint seeks statutory penalties and an order requiring the sportsbooks to stop targeting bettors with gambling problems; neither company had publicly commented.
The US Department of Justice and Commodity Futures Trading Commission opened investigations into former congressman George Santos’ Kalshi trades concerning his attendance at the State of the Union, according to people familiar with the matter. Sources said Kalshi froze his account and referred the activity to both agencies; Santos said he was unaware of the reported investigation and did not directly answer whether he had an account.