Tag: lawsuit

Wolf in Wolf’s Clothing? New Mexico Accuses Kalshi of Disguising Sports Betting as Finance

New Mexico Attorney General Raúl Torrez has filed a lawsuit against Kalshi, accusing the prediction-market platform of illegally offering sports betting while circumventing state gaming regulations. The case intensifies a growing national battle over whether event-based contracts constitute legal financial products or unauthorized gambling.

School’s Fiery Tradition Ends in Settlement After Student Hurt in Blaze

A Santa Fe charter school agrees to a five-year settlement after a Zozobra-style burn injured a 12-year-old, citing alleged safety failures.