# New York takes legal action against Kalshi for presumably running an ‘prohibited betting

- Link: https://tectonicsmediapublications.com/new-york-takes-legal-action-against-kalshi-for-presumably-running-an-prohibited-betting/
- Published: 2026-08-04T21:05:52+00:00
- Author: News Team

New york city is taking legal action against Kalshi over declares the forecast
market is running an “prohibited gaming operation.” It implicates the business of
accepting wagers without the proper license.  [Source](https://www.theverge.com/tech/973709/new-york-kalshi-lawsuit-illegal-gambling-operation)

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