by igamingreview | Aug 3, 2026 | Prediction Markets
New York Sues Kalshi Over Alleged Illegal Gambling Operations – New York State has filed a lawsuit against prediction market platform KalshiEX, alleging it operates an unlicensed gambling business in violation of state law. The lawsuit, filed on July 31, seeks a...
by igamingreview | Aug 3, 2026 | Regulation
New York Sues Kalshi, Seeks $36 Billion and Shutdown – New York has filed a lawsuit against prediction platform Kalshi, seeking an injunction to cease its operations and demanding $36 billion. The state alleges Kalshi functions as an unregulated sports betting...
by igamingreview | Aug 2, 2026 | Uncategorized
US Soldier Seeks Dismissal in Polymarket Classified Info Case – A U.S. Army Special Forces soldier, facing charges for allegedly using classified intelligence to make profitable bets on Polymarket, has petitioned a federal court to dismiss the criminal case. The...
by igamingreview | Aug 2, 2026 | Prediction Markets
Former Rep. George Santos (R-NY) has reached a settlement in an “unlawful trading” investigation regarding wagers he placed on the prediction market Kalshi related to his appearance at President Trump’s State of the Union address. Santos will pay...
by igamingreview | Aug 2, 2026 | Prediction Markets
George Santos Fined, Barred from Kalshi Trading – Former Republican Congressman George Santos has agreed to pay over $35,000 in fines and faces a temporary trading ban on Kalshi. This action follows a conclusion by federal regulators that he unlawfully...
