NYS Sues Kalshi

Joshua Mitts, Columbia Law School professor specializing in corporate, business, and transactional law, talks about New York State's suit against the prediction market platform Kalshi for allegedly "running an illegal gambling operation.” ==> "From Iran to Taylor Swift:  Informed Trading in Prediction Markets" (April 6, 2026) Photo: Kalshi's logo is displayed on a smartphone placed on a reflective surface onto which a betting curve is projected in Creteil, France, on March 9, 2026, during a major scandal and a $54 million lawsuit concerning bets related to recent strikes in Iran. (Photo by Samuel Boivin/NurPhoto via Getty Images) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.