gambling

Arizona Files Criminal Charges Against Prediction Market Kalshi Over Alleged Illegal Gambling

Arizona Files Criminal Charges Against Prediction Market Kalshi Over Alleged Illegal Gambling

Arizona Attorney General Kris Mayes has filed criminal charges against Kalshi, a popular prediction market platform. The accusation against Kalshi is that it allows illegal gambling, according to a report by The Guardian. This is the first time a state has opted for criminal charges against Kalshi. The platform has faced growing calls for regulation,