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In unprecedented move, Arizona files criminal charges against prediction market company Kalshi

State News – Arizona

Arizona Attorney General Kris Mayes filed criminal charges against the online prediction market company Kalshi, accusing it of operating an illegal gambling business in the state and flagrantly violating a state law barring wagering on elections. “Kalshi may brand itself as a ‘prediction market,’ but what it’s actually doing is running an illegal gambling operation […] Continue reading this story from the source →

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