US tries to override New York gambling laws, orders Kalshi to keep operating
Trump admin claims New York suing Kalshi created "market emergency."
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Trump admin claims New York suing Kalshi created "market emergency."
Illinois now a key battleground in fight over prediction market sports bets.
State law makes it a felony to create, operate, or advertise prediction markets.
The Commodity Futures Trading Commission wants us to know it's taking this very seriously.