Arkansas Attorney General Tim Griffin has sued sweepstakes casino operator VGW and prediction market Kalshi on the same day, alleging illegal gambling under state law. The VGW complaint puts a dollar figure on the state's sweepstakes market and adds Arkansas to a growing list of states challenging the dual-currency model.

Arkansas has opened a two-front legal fight against online gambling it says is unlicensed. One lawsuit targets VGW, the company behind Chumba Casino, LuckyLand and Global Poker. The other targets KalshiEX LLC and Kalshi Inc., the companies that own the Kalshi prediction market.

Both cases allege illegal gambling and violations of the Arkansas Deceptive Trade Practices Act. Both also include an unjust enrichment claim. In each case the state seeks restitution, penalties, taxes and injunctive relief.

VGW complaint puts a dollar figure on Arkansas sweepstakes play

The VGW suit attacks the Gold Coin/Sweeps Coin model that almost every US sweepstakes casino relies on.…