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Arkansas Attorney General Tim Griffin filed lawsuits Wednesday against prediction market operator Kalshi and online gaming company VGW. Both face allegations of operating illegal gambling, according to News From The States.
The Kalshi lawsuit was filed in Independence County. The VGW case was filed in White County. Griffin is seeking restitution in both cases, along with civil penalties against VGW.
Kalshi Complaint Targets Sports and Entertainment Contracts
Griffin’s office accused Kalshi of operating a “pocket-sized bookie.” The complaint alleges users as young as 18 could trade real-money contracts on sporting and entertainment events.
The state argues that those transactions constitute gambling prohibited under Arkansas law.
“This action seeks to hold Kalshi accountable for operating outside the bounds of Arkansas law while exposing Arkansas consumers to the very harms that Arkansas’ gambling laws were enacted to prevent,” Griffin’s office said in the complaint.
Griffin asked a judge to declare that Kalshi violated Arkansas’ deceptive trade practices act and to award restitution.
VGW Suit Challenges Cash-Redeemable Sweepstakes Games
The VGW complaint targets websites offering slots, blackjack, poker and other casino games. It alleges consumers could gamble using “Sweeps Coins” that could ultimately be redeemed for cash.
“While masquerading as a free sweepstakes, defendants accepted money from Arkansans, provided them the means to gamble, and paid out winnings in cash and other prizes,” the lawsuit states.
Those claims are allegations in the state’s complaints, not court findings.
VGW has also faced complaints from other states. Earlier in 2026, it paid $8 million to New York regulators following a cease-and-desist letter from that state’s attorney general.
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Source: As reported by News From The States.
