Kalshi Faces New Mexico Legal Crackdown

New Mexico’s Department of Justice is cracking down hard on Kalshi, accusing it of running an illegal sports betting operation through “event contracts” that skirt state gaming laws — all while letting 18-year-olds gamble without a license. This isn’t new: four tribal governments just sued Kalshi over the same issues. Now, with the state taking direct legal action, the showdown could reshape how online betting is regulated in New Mexico — and set a major precedent for dodging the law. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9adaa4a93e8fef28