293
New York is suing prediction market Kalshi, calling it an illegal gambling operation
(www.techspot.com)
this post was submitted on 03 Aug 2026
293 points (99.3% liked)
Technology
87575 readers
3768 users here now
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
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Minnesota, Arizona, and now New York.
It pleases me to no end watching state governments push back against these predatory gambling websites.
Hopefully they do the stock market next.
Ah, no, see that's gambling sanctioned by the oligarchs, so everyone knows there's no way it'll be touched.
(And frankly, besides a bit of needed reforms and regulation, the stock market itself isn't all bad, it's just been abused by the oligarchs)