{
  "id": 681986,
  "title": "US tries to override New York gambling laws, orders Kalshi to keep operating",
  "url": "https://urgent.news/2026/08/12/us-tries-to-override-new-york-gambling-laws-orders-kalshi-to-keep",
  "topic": "world",
  "section": "World",
  "published": "2026-08-12T16:33:43.000Z",
  "source": {
    "name": "Ars Technica",
    "slug": "ars-technica",
    "url": "https://arstechnica.com/tech-policy/2026/08/us-tries-to-override-new-york-gambling-laws-orders-kalshi-to-keep-operating/"
  },
  "original_language": "en",
  "account": "The Trump administration has intervened in an effort to prevent New York from applying its gambling laws to Kalshi, an online prediction market. The Commodity Futures Trading Commission (CFTC) has exercised its emergency authority to order Kalshi to continue operating in the state, citing market stability concerns. According to the CFTC, the action was taken in response to a market emergency filed by New York Attorney General Letitia James. James is seeking a court injunction to permanently halt Kalshi's operation as a gambling business in the state, along with restitution for affected customers and penalties. The CFTC's decision followed a request from Kalshi itself.",
  "summary": "Trump admin claims New York suing Kalshi created \"market emergency.\"",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Ars Technica Policy",
        "title": "US tries to override New York gambling laws, orders Kalshi to keep operating",
        "url": "https://urgent.news/2026/08/12/us-tries-to-override-new-york-gambling-laws-orders-kalshi-to-keep-682871",
        "published": "2026-08-12T16:33:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}