đš JUST IN: ⥠Kalshi has officially filed a lawsuit against the New York State Gaming Commission, challenging the agencyâs decision to ban sports event contracts. âïžđ
The exchange argues that these markets arenât gambling â theyâre legitimate prediction tools that reflect public sentiment and data-driven speculation. New York regulators, however, see it differently. This case could redefine the line between prediction markets and sports betting in the U.S. đ