JUSTTHENEWS (Ben Whedon) - Judge lets Utah enforce state anti-gambling laws on Kalshi
Utah bans gambling under its state constitution.
Utah bans gambling under its state constitution.
The law, which was scheduled to take effect Saturday, would have made it a crime to create or operate prediction markets or help administer nearly any activity connected to one.
The law, which was scheduled to take effect Saturday, would have made it a crime to create or operate prediction markets or help administer nearly any activity connected to one.Open
The spat between the leading prediction market company and a key battleground state could be a glimpse into the next major fight between states and the fast-growing industry.
The spat between the leading prediction market company and a key battleground state could be a glimpse into the next major fight between states and the fast-growing industry.Open