New Jersey Orders Kalshi and Robinhood to Halt Sports Wagering Operations

The New Jersey Division of Gaming Enforcement (NJDGE) has issued cease-and-desist orders to prediction market platform Kalshi and financial trading firm Robinhood, demanding that they immediately cease offering sports wagering services in the state. The regulatory action, confirmed Thursday, cites violations of New Jersey’s strict sports betting laws and requires both platforms to void any […]