Attorney General James and Governor Hochul Release Statement on Court Victory Against Kalshi

NEW YORK — New York Attorney General Letitia James and Governor Kathy Hochul today released the following statement after Kalshi lost its lawsuit against the New York Gaming Commission:

“New York’s gambling laws are designed to protect consumers. Kalshi tried to ignore them. Yesterday, they lost in court.

“We will continue to hold all gambling platforms accountable to the law — and that includes prediction markets.”