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Arizona Files Criminal Charges Against Kalshi, the Prediction Site

The state accused Kalshi of operating an illegal gambling business, escalating the legal battle between states and prediction markets.

Arizona’s attorney general filed criminal charges on Tuesday against Kalshi, the fast-growing prediction market, accusing the company of operating an illegal gambling business and escalating a long-running legal battle between states and the websites… [2120 chars]

Source: The New York Times | Published: 2026-03-17T19:18:52Z

Credit: The New York Times

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