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New York Sues Kalshi for Operating Illegal Gambling Platform, Seeks Court Intervention

New York Sues Kalshi for Operating Illegal Gambling Platform, Seeks Court Intervention

New York Governor Kathy Hochul and Attorney General Letitia James have filed a lawsuit against KalshiEX, LLC, accusing the company of running an illegal gambling operation through its prediction market platform. Launched in 2021, Kalshi allows users to bet on the outcomes of various events, including sports and elections. The lawsuit claims that Kalshi's operations meet the legal definition of gambling, as the outcomes are uncertain and beyond the control of the bettors. Despite this, Kalshi has not obtained the necessary license from the New York State Gaming Commission, thereby avoiding tax obligations that fund public services. The lawsuit seeks to halt Kalshi's operations, impose fines, and require the company to forfeit illegal gains and pay restitution to affected users.
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New York sues prediction market platform Kalshi alleging 'illegal gambling operation'

New York sues prediction market platform Kalshi alleging 'illegal gambling operation'

New York officials have sued prediction market platform Kalshi, calling it an “illegal, unlicensed gambling operation” as the state seeks to halt its operations and force the company to forfeit its profits
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New York to Implement Age Verification for Social Media Users to Protect Minors

New York to Implement Age Verification for Social Media Users to Protect Minors

Starting in January, New York will require social media users to verify their age to access certain features, as part of a law aimed at protecting minors from social media addiction. Governor Kathy Hochul and Attorney General Letitia James announced the regulations, which are part of the SAFE Act enacted in 2024. The law restricts notifications to minors between midnight and 6 a.m. and limits access to feeds based on user engagement, which are deemed addictive. The regulations require large social media platforms to use third-party systems for age verification, though government ID is not mandatory. The initiative aims to reclaim childhood experiences by reducing the influence of social media on minors.
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George Santos agrees to $35,000 settlement in federal probe over Kalshi trades

George Santos agrees to $35,000 settlement in federal probe over Kalshi trades

Disgraced former Congressman George Santos has agreed to pay $35,000 to settle a federal investigation into his suspicious trades on the prediction marketplace Kalshi
Westchester County Journal News Westchester County Journal News
Denny's franchise owners to pay $440K to NY workers in wage settlement

Denny's franchise owners to pay $440K to NY workers in wage settlement

More than 1,900 current and former employees at 23 New York Denny's restaurants will share a $440,000 settlement after a state wage investigation.
Westchester County Journal News Westchester County Journal News
NY sues prediction market company Kalshi over alleged illegal gambling

NY sues prediction market company Kalshi over alleged illegal gambling

New York Gov. Kathy Hochul and Attorney General Letitia James sued Kalshi, alleging the prediction market platform operates an illegal gambling business in the state.
Reuters Reuters
New York sues Kalshi, says its prediction markets are illegal gambling

New York sues Kalshi, says its prediction markets are illegal gambling

By Jonathan Stempel NEW YORK, July 31 (Reuters) - New York's attorney general sued Kalshi on Friday, claiming that its prediction market platform violates state laws against illegal gambling.
Reuters Reuters
New York sues Kalshi, says prediction markets constitute illegal gambling

New York sues Kalshi, says prediction markets constitute illegal gambling

By Jonathan Stempel NEW YORK, July 31 (Reuters) - New York's attorney general sued Kalshi on Friday, claiming that its prediction markets platform violates state laws against illegal gambling.
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New York State Implements Age Verification for Social Media Users to Protect Minors

New York State Implements Age Verification for Social Media Users to Protect Minors

Starting January, New Yorkers will be required to verify their age before accessing social media platforms. This initiative, announced by Governor Kathy Hochul and Attorney General Letitia James, aims to protect children from social media addiction. The regulations, part of the SAFE Act enacted in 2024, prohibit apps from sending notifications to minors between midnight and 6 a.m. and restrict content based on user engagement history. Large social media platforms must use third-party systems for age verification, though government ID is not mandatory. The law has faced opposition from social media trade groups, citing potential unintended consequences. NetChoice, a national group, argues the law may infringe on free speech rights. Despite these challenges, the law is set to establish a national standard for online child protection.
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New York's SAFE for Kids Act Targets Social Media Addiction Among Minors

New York's SAFE for Kids Act Targets Social Media Addiction Among Minors

New York State has finalized the SAFE for Kids Act, set to take effect on January 25, 2027, aimed at protecting minors from addictive social media practices. The law will prevent social media companies from providing algorithmically personalized feeds and sending notifications to minors between midnight and 6 a.m. Parents can override these settings with consent. The legislation, announced by Governor Kathy Hochul and Attorney General Letitia James, seeks to curb the negative impact of social media on children, though similar laws have faced challenges in other jurisdictions.
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Judge Dismisses Lawsuit Against New York's Medical Aid in Dying Act

Judge Dismisses Lawsuit Against New York's Medical Aid in Dying Act

A federal judge has dismissed a lawsuit challenging New York's Medical Aid in Dying Act, which is set to legalize medically assisted suicide for terminally ill adults with less than six months to live. The lawsuit, filed by disability rights advocates, argued that the law could harm individuals with life-threatening disabilities, claiming it violated the Americans with Disabilities Act. However, U.S. District Judge Orelia Eleta Merchant ruled that the plaintiffs lacked standing, allowing the law to take effect on August 5. The act, signed by Governor Kathy Hochul in February, allows mentally competent, terminally ill adults to request life-ending medication.
Rochester Democrat and Chronicle Rochester Democrat and Chronicle
Why are flags at half-staff in NY today? Here's what to know

Why are flags at half-staff in NY today? Here's what to know

Gov. Kathy Hochul has directed that flags on all New York state government buildings be flown at half-staff Friday. Here's why.