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NY looks to shut down Kalshi, have it pay $36 billion in new lawsuit - Gothamist

GothamistAugust 1, 2026
NY looks to shut down Kalshi, have it pay $36 billion in new lawsuit - Gothamist
Image: Gothamist

New York wants to shut down Kalshi. A lawsuit filed Friday accuses the prediction platform of illegally functioning as an unregulated sports betting platform. The 32-page complaint, filed in state S…

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This story is filed under New York, which has seen 342 stories in the last 30 days — putting it in the top 10% of the 85 territories we currently cover. We hold 1541 finance stories in total, and 11 from Gothamist.

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