I was wondering how long it was going to take for this to happen. If every state isn't getting in on this to get their cut for lost gambling revenue, folks aren't doing their jobs.
More Perfect UnionBREAKING: New York just sued Kalshi — alleging it’s an illegal gambling operation. New York AG Letitia James alleges Kalshi failed to obtain a state gambling license and pay taxes. Her office is seeking an order enjoining Kalshi’s operations, plus fines, restitution and forfeiture of profits.