Judge rejects Kalshi attempt to override New York state gambling laws - Ars Technica Skip to content Ars Technica home Sections Forum Subscribe Search AI Biz & IT Cars Culture Gaming Health Policy Science Security Space Tech Feature Reviews AI Biz & IT Cars Culture Gaming Health Policy Science Security Space Tech Forum Subscribe Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Β Β  Learn more Pin to story Theme HyperLight Day & Night Dark System Search Sign In Sign in dialog... Sign in Kalshi loses a bet Judge rejects Kalshi attempt to override New York state gambling laws Kalshi tried to ignore gambling laws on its prediction market, NY governor says. Jon Brodkin – Jul 8, 2026 3:14 pm | 80 A Kalshi advertisement at a bus stop in Washington, DC on Thursday, March 19, 2026. Credit: Getty Images | Bloomberg A Kalshi advertisement at a bus stop in Washington, DC on Thursday, March 19, 2026. Credit: Getty Images | Bloomberg Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Β Β  Learn more Minimize to nav Kalshi lost an attempt to override New York’s state gambling laws yesterday, with a federal judge rejecting the prediction market operator’s request to prevent enforcement of the rules. Kalshi is appealing the decision to a higher court.

This is one of numerous cases in which judges must decide whether state laws are preempted by federal regulation of prediction markets. New York Governor Kathy Hochul and Attorney General Letitia James issued a joint statement on the ruling today. β€œNew York’s gambling laws are designed to protect consumers,” they said. β€œKalshi tried to ignore them.

Source: https://arstechnica.com/tech-policy/2026/07/new-york-can-restrict-sports-gambling-on-prediction-markets-us-judge-rules/