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Arkansas Attorney General Sues Kalshi and VGW Over Alleged Illegal Gambling
Arkansas Attorney General Tim Griffin has filed separate lawsuits against Kalshi and VGW, accusing both companies of illegal gambling. He is seeking large fines, restitution to customers and state taxes.
HighRisk Media Newsroom, , 1 min read · Читать по-русски
Arkansas Attorney General Tim Griffin filed two separate lawsuits on Wednesday: one against Kalshi, which operates in the prediction markets sector, and one against VGW, an operator of sweepstakes games. According to SBC Americas, Griffin accuses both companies of offering illegal gambling in the state.
The plaintiff is seeking substantial financial penalties. The demands include repayment of customers' losses and payment of taxes to the state. The SBC Americas report is limited to announcing the lawsuit, so the full wording of the charges, the companies' positions and the timeline of the proceedings are not disclosed in the available materials.
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ArkansasKalshiVGWPrediction MarketsSweepstakesRegulation