Judge Rules Utah Can Enforce Anti-Gambling Laws Against Kalshi

Judge Rules Utah Can Enforce Anti-Gambling Laws Against Kalshi

SALT LAKE CITY– Utah can enforce their anti-gambling laws against Kalshi, a federal judge in Utah ruled on Tuesday. The judge rejects Kalshi’s argument that federal regulation includes their sports event contracts and prevents state intervention. Judge Rules Against Kalshi In Utah In simple terms, … Read more

Kalshi Strikes First in Utah Prediction Market War

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Kalshi took the unusual step of suing Utah first, using public threats from state officials as grounds that enforcement was on the way. Utah is pushing back through public statements, HB243, and a governor determined to keep prediction markets out of the state. The conflict … Read more