Judge allows Utah to enforce antigambling laws on Kalshi

A federal judge in Utah allowed the state to enforce its antigambling laws against Kalshi, rejecting the company’s argument that a federal commodities law preempts state restrictions on prediction markets. The decision marks a notable loss for prediction market firms and the Trump administration amid a legal battle wit

Utah can enforce its strict anti-gambling laws on prediction markets such as Kalshi and Polymarket under a federal court ruling

Utah can enforce its strict anti-gambling laws on prediction markets such as Kalshi and Polymarket under a federal court ruling

Federal judge lets Utah enforce its anti-gambling laws on the prediction market Kalshi  AP News