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RT Watson

Arizona Attorney General Kris Mayes files 20-count criminal case against Kalshi

Arizona Attorney General Kris Mayes filed criminal charges against Kalshi on Tuesday, alleging the platform illegally enabled wagers on sports and elections in the state. The filing includes a 20-count criminal information, with four counts tied to election wagering, including bets on the 2028 presidential race and several 2026 Arizona statewide contests. Kalshi says its event contracts are federally regulated under the Commodity Exchange Act and overseen by the CFTC, but Arizona disputes that view.
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