The state of Utah has filed 14 criminal charges, including 13 felony counts, against the prediction market site Kalshi and its co-founders, Tarek Mansour and Luana Lopes Lara, alleging the company has broken Utah law by promoting online gambling.
The charging documents, posted on the Utah Attorney General’s website Wednesday afternoon, outline how an agent with the Attorney General’s office opened an undercover account on Kalshi with a Utah residential address and phone number and a locally issued debit card.
The charging documents note that Kalshi asked the agent to “confirm his location using location services” in the state of Utah before he was allowed to place the wager, and that he operated in both Salt Lake and Davis counties.
