sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 months ago

New York is suing prediction market Kalshi, calling it an illegal gambling operation

www.techspot.com

276

New York is suing prediction market Kalshi, calling it an illegal gambling operation

www.techspot.com

sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 months ago

In a statement, James said Kalshi violates New York's anti-gambling laws, which are designed to protect minors from betting and combat gambling addiction in adults. "No matter...

Chat

Lucidlethargy@sh.itjust.works
link
fedilink
English
arrow-up
15·
2 months ago
I’m not an expert, but I think this might be happening because Kalshi is an illegal gambling operation.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

2.73K users / day
7.42K users / week
13.4K users / month
25.3K users / 6 months
1 local subscriber
88.2K subscribers
4.84K Posts
113K Comments
Modlog