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New York seeks court order to force Kalshi to comply with subpoenas over alleged gambling violations, World Casino Directory reports
- New York seeks court order to force Kalshi to comply with subpoenas over alleged gambling violations, World Casino Directory reports — New York regulators have asked a Manhattan court to force Kalshi to turn over records requested in subpoenas tied to alleged gambling-law violations, with Attorney General James calling prediction markets gambling platforms. Kalshi maintains its event contracts fall under federal CFTC regulation, and the CFTC sued New York in April seeking a declaration that federal law gives it exclusive authority over event contracts. (World Casino Directory)
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