Kentucky class action lawsuit challenges Kalshi as alleged illegal gambling operations Suswati Basu A Kentucky man has filed a proposed class action against prediction market company Kalshi, accusing the platform of offering illegal gambling products to residents across the state. The lawsuit was filed Monday (May 11) in the U.S. District Court for … Continue reading Kentucky class action lawsuit challenges Kalshi as alleged illegal gambling operations
New Mexico tribes challenge Kalshi sports contracts over alleged illegal gambling Suswati Basu Four New Mexico tribes are taking prediction market company Kalshi to federal court, arguing that its sports contracts amount to illegal online sports betting conducted on tribal lands without approval from tribal regulators. The Mescalero Apache Tribe, Pueblo of Isleta, … Continue reading New Mexico tribes challenge Kalshi sports contracts over alleged illegal gambling
Honolulu police raid Kalihi illegal gambling room, arrest two suspects, seizing machines Suswati Basu Honolulu police arrested two people and seized gambling machines, drugs, and cash during a raid on an alleged illegal gambling operation in Kalihi last week, according to the Honolulu Police Department. The raid happened Thursday, May 7, around 7:30 … Continue reading Honolulu police raid Kalihi illegal gambling room, arrest two suspects, seizing machines
New Jersey man files class action over alleged illegal gambling scheme Paul McNally A New Jersey man has gone to court with a wide-ranging class action that takes aim at a major online gaming site and several well-known entertainers, accusing them of running what he describes as an illegal gambling operation with ties … Continue reading New Jersey Man Files Class Action Over Alleged Illegal Gambling Scheme
Wisconsin sues prediction market platforms over alleged illegal sports betting operations Paul McNally Wisconsin has filed a civil complaint in Dane County Circuit Court accusing Kalshi, Robinhood, and Coinbase, along with affiliated subsidiaries, of operating what it describes as illegal sports betting through prediction markets and event contracts under state law. The … Continue reading Wisconsin sues prediction market platforms over alleged illegal sports betting operations
Florida lawmakers advance bill targeting illegal gambling properties with stronger penalties Suswati Basu Florida lawmakers have formally enrolled Senate Bill 168, a measure that expands the state’s public nuisance law to include properties used for illegal gambling and removes limits on fines tied to those violations. The bill was ordered on Tuesday (March … Continue reading Florida lawmakers advance bill targeting illegal gambling properties with stronger penalties
Baltimore sues sweepstake operators alleging illegal online gambling targeting residents Suswati Basu The City of Baltimore has launched a wide-ranging lawsuit against several companies behind popular online “social casino” platforms or sweepstakes, accusing them of operating illegal gambling businesses that pull in money from local residents while presenting themselves as harmless entertainment. … Continue reading Baltimore sues sweepstake operators alleging illegal online gambling targeting residents
Sacramento deputies dismantle sprawling illegal gambling network after lengthy investigation Suswati Basu Sacramento County detectives say they have broken up what they describe as a “large-scale illegal gambling network operating in our region and impacting residential communities,” the result of an investigation that stretched on for months and focused on a suspected criminal … Continue reading Sacramento deputies dismantle sprawling illegal gambling network after lengthy investigation
Tennessee Senate advances bill targeting illegal sweepstakes Suswati Basu Tennessee lawmakers are moving closer to tightening the reins on illegal online gambling and sweepstakes after a Senate committee gave its backing to Senate Bill 2136 this week. The measure cleared the Senate Commerce and Labor Committee without a single dissenting vote, pushing it … Continue reading Tennessee Senate advances bill targeting Illegal sweepstakes
Oregon class action lawsuit targets Kalshi over alleged illegal sports betting platform operations Suswati Basu Prediction market company Kalshi is now battling a string of class action lawsuits that accuse it of operating what amounts to unlicensed sports betting. The cases, filed in several states, argue that the company’s online trading platform crosses … Continue reading Oregon class action lawsuit targets Kalshi over alleged illegal sports betting platform operations
