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New Mexico A.G. sues Kalshi, says popular prediction market app is illegal sportsbook

NM Political Report • June 4, 2026 • 2 weeks ago 0votes

By Kevin Hendricks, The Paper. — New Mexico residents who bet on sports, elections, or pop culture through the Kalshi app may be doing so illegally — and the state wants it stopped. Attorney General Raúl Torrez filed suit Thursday in Santa Fe against Kalshi, Inc. and KalshiEX LLC, alleging the New York-based prediction market […] The post New Mexico A.G. sues Kalshi, says popular prediction market app is illegal sportsbook appeared first on New Mexico Political Report.

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