The lawsuit follows a separate federal challenge from four New Mexico tribes and marks the latest state effort to restrict sports event prediction markets. New Mexico has become the latest state to target Kalshi, after the state’s Department of Justice filed a lawsuit against the prediction market operator. The complaint alleges Kalshi is unlawfully conducting […] The post New Mexico Sues Kalshi, Says It ‘Looks and Quacks Like a Sportsbook’ appeared first on Gambling Insider.
Source: Gambling Insider →