{"id":1025376,"date":"2026-08-01T07:46:57","date_gmt":"2026-08-01T02:16:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1025376"},"modified":"2026-08-01T07:51:32","modified_gmt":"2026-08-01T02:21:32","slug":"new-york-sues-kalshi-says-its-prediction-markets-are-illegal-gambling","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/01\/new-york-sues-kalshi-says-its-prediction-markets-are-illegal-gambling\/","title":{"rendered":"New York sues Kalshi, says its prediction markets are illegal gambling"},"content":{"rendered":"<p>New York&#8217;s attorney general sued Kalshi on Friday, claiming that its prediction market platform violates state laws against illegal gambling. <\/p>\n<p>In a petition filed in a state court in Manhattan, Attorney General Letitia James \u200csaid Kalshi failed \u2060to obtain \u2060a New York State Gaming Commission license to operate its platform, where people trade based on the predicted outcomes of events such as sports and elections.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York&#8217;s attorney general sued Kalshi on Friday, claiming that its prediction market platform violates state laws against illegal gambling. In a petition filed in a state court in Manhattan, Attorney General Letitia James \u200csaid Kalshi failed \u2060to obtain \u2060a New York State Gaming Commission license to operate its platform, where people trade based on the predicted outcomes of events such as sports and elections.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1025376","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1025376"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025376\/revisions"}],"predecessor-version":[{"id":1025401,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025376\/revisions\/1025401"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1025376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1025376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1025376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}