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Kalshi vs New York: Are Prediction Markets Gambling?

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FOMOGRAM Editorial Desk
Aug 1, 2026
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Kalshi vs New York: Are Prediction Markets Gambling?
EXECUTIVE SUMMARY

New York court denial of Kalshi’s injunction and fresh state actions put prediction markets in a legal squeeze. Here’s how traders can navigate the gray.

New York court denial of Kalshi’s injunction and fresh state actions put prediction markets in a legal squeeze. Here’s how traders can navigate the gray.

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