You are correct, but New York also apparently sees their jurisdiction as nationwide when the thing being wagered on has some proximity to the state. If you read the petition, it has language like this:

> New York also prohibits sports wagering on events in which New York college teams participate

Ultimately, this suit is about protecting state gambling taxes and incumbent casinos. I guess I don't feel a particular love for either side.

Do you have a source for that? From the release:

> In the lawsuit, filed on July 31, New York seeks a temporary restraining order prohibiting KalshiEX, LLC from offering all event contracts nationwide and more than $36 billion in damages.