News Summary

• U.S. District Judge Michael Liburdi said it's too early in the case for him to rule on that issue.
• The Arizona Attorney General’s Office has charged Kalshi with 20 misdemeanor counts of wagering.
• It alleges the company accepted bets on political outcomes, college sports and individual player performance.
• The criminal charges mark a new front in a high-stakes legal battle over whether prediction markets should be subject to the same rules as gambling operations.
• The Trump administration has so far backed the platforms.