New Mexico attorney general sues Kalshi for ‘evading’ state gaming laws

5th June, 2026

Aravind Bulusu

New Mexico Department of Justice (NMDOJ) has filed a lawsuit against the US-based prediction market alleging the company is unlawfully offering online sports betting in the state while attempting to evade its gaming laws.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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