Utah last week joined seven other states that have had at least some success in keeping Kalshi from operating within their borders. Last Tuesday, a U.S. district court judge ruled that the state could enforce its gambling laws to prohibit the platform, though for now it is still available in the state. According to the Associated Press, Attorney General Derek Brown does plan to enforce the laws but has not yet determined the pathway to do so.
Kalshi, the prediction market that first offered the sports event contracts that mimic state-regulated sports betting, is in federal or state court with at least 15 states and three tribal groups across the U.S. There have been rulings both for and against allowing the prediction market to continue to operate, though the number of decisions against Kalshi has been growing.
