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Arizona attorney general sues Kalshi on illegal gambling charges

Kalshi has been sued by Arizona’s attorney general, the latest state-level accusation that the prediction market is an unlicensed gambling business.

Kalshi has been sued by Arizona’s attorney general for operating an illegal gambling business in the state and unlawfully ‌allowing people to place bets on elections. “Kalshi may brand itself as a ‘prediction ⁠market,’ but what it’s actually doing is… [503 chars]

Source: Engadget | Published: 2026-03-17T17:20:06Z

Credit: Engadget

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