local
New York sues prediction market Kalshi alleging it’s an illegal gambling operation
Summary by The El Paso Editorial Desk · Byline on the source page: CNN Newsource , as published by KVIA ABC-7
· July 31, 2026
· 1 min read
Photo: KVIA ABC-7 · view original
Story provenance No corrections
Summary created by The El Paso Editorial Desk — automated, rule-governed Byline on source page CNN Newsource, as published by KVIA ABC-7 Original story Read at the source Source published Jul 31, 2026 Indexed here Jul 31, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log
Key takeaway The state's attorney general claims the company is not following the law.
A lawsuit has been filed in New York State court against a company called Kalshi. This company operates a type of market where users can make predictions. The state's attorney general claims the company is not following the law.
Further details about the lawsuit are available from the source. The attorney general is seeking several outcomes from the lawsuit, including stopping the company's operations in the state and collecting fines.
Why this matters
Local news anchors readers in their community — the people, places, and decisions that shape day-to-day life. The El Paso covers these stories because national outlets often won't.
About this story
As published by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 31, 2026 ·
Source: KVIA ABC-7 ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A lawsuit has been filed in New York State court against a company called Kalshi. This company operates a type of market where users can make predictions. The state's attorney general claims the…
When was this published? This article was first published on July 31, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The El Paso, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter