Utah sues Kalshi as midterm prediction markets top $1.4bn in volume
Utah has filed suit against Kalshi and two Susquehanna firms, Polymarket has sued Ohio, and trading on the midterm elections has passed $1.4bn.
Polymarket
New York sues Polymarket US as an illegal gambling operation
The attorney general wants forfeiture, restitution and fines of three times the gains. Polymarket responded the same day with its own federal pre-emption suit.