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Kalshi registers as New Mexico lobbyist employer without hiring a lobbyist
The prediction-market operator disclosed no state lobbying spending or policy targets as tribal litigation remained pending and the state attorney general sought an injunction.
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New Mexico lawmakers warned prediction markets could divert tribal gaming revenue
Committee witnesses raised concerns over casino revenue, online access for younger users and a still-conceptual tax on prediction-market earnings.
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New Mexico tribes finish bid to block Kalshi on tribal lands
The Mescalero Apache Tribe and three pueblos say the prediction-market firm’s sports contracts undercut tribal compacts and federal law, while Kalshi points to CFTC authority and a recent Ninth Circuit ruling in Nevada.