New York Sues Kalshi Over Prediction Markets
The state says the company ran an unlicensed gambling operation and is seeking fines, restitution and the forfeiture of alleged gains.
The state says the company ran an unlicensed gambling operation and is seeking fines, restitution and the forfeiture of alleged gains.
The filing is the latest move in a dispute over whether the prediction-market firm can offer sports-event contracts in the state.
A7962 would also restrict deposits, blackout certain ads and impose new responsible-gaming rules in the nation’s biggest wagering market.
A Siena poll found strong age and bettor-vs-non-bettor divides over ads, live commentary and the wider impact of gambling.
The latest opening advances a $5.5 billion buildout that is set to add a hotel tower, arena and much more to the Aqueduct site.
The Vine’s new marquee and stage screens are meant to sharpen the guest arrival experience and give artists more visual flexibility.
The Crescent Hotel and Salt opened in June, and the Grand Expo is due around Labor Day.
The New York Post-linked code NYPOST26 is tied to a 10-day offer, while similar Fanatics deals surfaced elsewhere with different rules and promo codes.
Jefferies said the Yonkers and Queens casinos can still grow in parallel, even as Resorts World’s second-quarter revenue surged in the wake of its April opening.
Judge Torres let New York keep enforcing its gambling laws for now, setting up a wider fight over event contracts.