It sounds like it's more, New York wants to halt Kalshi's New york operation, however Kalshi is headquartered in New York, so this would stop all of Kalshi's operations.]
If New York has this jurisdiction(management of for profit incorporation's in New York) Kalshi would have to reorganize somewhere else to continue operations.
If New York has this jurisdiction(management of for profit incorporation's in New York) Kalshi would have to reorganize somewhere else to continue operations.