SectorWire
SearchGet the daily briefing
Menu

New Mexico attorney general files illegal-gambling lawsuit against Kalshi

Enforcement & compliance

New Mexico’s attorney general filed an illegal-gambling lawsuit against prediction-market company Kalshi, according to the report. The available article text provides no further details about the claims or requested relief.

The lawsuit creates legal uncertainty for Kalshi’s prediction-market activity in New Mexico.

Request a correction

Keep reading

Enforcement & compliance

New York attorney general sues Polymarket over alleged illegal gambling

New York Attorney General Letitia James filed a lawsuit alleging that Polymarket operated an unlicensed gambling business in the state from December 2025, accepting sports bets and advertising to residents. The suit also alleges that the platform accepted bets from people under 21. It seeks an order stopping the alleged activity, financial restitution for users, forfeiture of gains and a fine equal to three times those gains.

Continue reading