Arkansas sues Kalshi, adding to state pushback on prediction markets
State-level legal challenges to event contracts keep mounting even as federal regulators clear new derivatives products.
Read at Decrypt →Full coverage · 15 outlets
- Decrypt · lead
- CoinDeskU.S. CFTC adds New York to string of states its suing to stop prediction market pushback
- NPRTrump administration sues three states over attempts to regulate prediction markets
- iGaming BusinessKalshi challenges New York crackdown on prediction markets in federal court
- WTOP NewsPrediction Market Legality: Where Are Trading Apps Legal in the US?
- The New York TimesIs Sports Betting Illegal in Your State? Not if You Call It a ‘Prediction Market.’ (Published 2025)
- RG.orgNew York Regulator Asks Court to Enforce Kalshi Subpoenas
- Traders UnionArkansas sues Kalshi over alleged illegal gambling operation
- YahooArkansas Sues Kalshi, Joining a Growing List of States Targeting Prediction Markets
- MSNArkansas attorney general sues Kalshi, gaming platform VGW for illegal gambling
- LeaprateArkansas sues Kalshi over sports event contracts
- FinancefeedsArkansas AG Accuses Kalshi of Operating Illegal Online Gambling Platform
- Thv11AG Tim Griffin sues Kalshi for providing an illegal gambling platform in Arkansas
- KarkArkansas Attorney General Tim Griffin files suit against Kalshi prediction market, VGW gaming platform
- KtloArkansas accuses prediction market, online gaming platform of operating illegal gambling