Arizona Charges Kalshi With 20 Criminal Counts for Illegal Gambling and Election Wagering

TLDR: Arizona AG Kris Mayes filed 20 criminal counts against Kalshi for running an unlicensed wagering business. Four counts specifically target election wagering, including bets on the 2028 presidential and 2026 Arizona races. Kalshi preemptively sued Arizona on March 12, continuing a pattern of federal lawsuits against Iowa and Utah. An Ohio federal judge recently [...]

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