Arkansas sues Kalshi for illegal gambling, joining growing list of states targeting prediction markets
State-level challenges to event contracts are mounting even as federal regulators clear adjacent products, leaving the legal status of prediction markets unresolved.
Read at Decrypt →Full coverage · 7 outlets
- Decrypt · lead
- CoinDeskArkansas Attorney General sues Kalshi for illegal gambling
- CBS SportsAre sports prediction markets legal? Status of Kalshi and Polymarket in all 50 states
- YogonetArkansas adds to regulatory push against prediction markets with new AG opinion
- The Closing LineThe Current: EVERYONE Joins The Case Against Kalshi In Federal Court
- Traders UnionArkansas sues Kalshi over alleged illegal gambling operation
- YahooArkansas Sues Kalshi, Joining a Growing List of States Targeting Prediction Markets