United States of America: Attorney General filed lawsuit against Kalshi over alleged unlawful betting and election wagering

On 16 March 2026, the Attorney General of Arizona filed a lawsuit against Kalshi over alleged violations of betting and election wagering laws. The lawsuit applies to online prediction markets and wagering activities, including sports betting and election-related betting conducted without appropriate licensing or authorisation. The charges allege that the defendants engaged in accepting and facilitating bets on sporting events and political outcomes, including elections in the United States, in breach of Arizona statutes prohibiting unlicensed wagering and election betting. The lawsuit outlines multiple counts of misdemeanour offences, including unlawful betting operations and election wagering, with specific instances cited between December 2025 and March 2026.