Coverage dated October 28, 2026 to October 30, 2026
Utah charges Kalshi, executives as prediction markets face legal showdown
Headline from The Hill
Utah is bringing criminal charges against Kalshi and two of the company's top executives, alleging they illegally profited from promoting and offering online gambling within the state. The prediction market platform, alongside CEO Tarek Mansour and chief operating officer Luana Lopes Lara, is facing…
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Utah filed criminal charges against the popular prediction platform Kalshi and its two founders, alleging the company profited from illegally promoting gambling in the state. The felony and misdemeanor charges in state court in Salt Lake City follow a civil lawsuit Utah filed against the company in …
Utah's attorney general filed charges against prediction market Kalshi and its co-founders on Wednesday, citing illegal gambling wagers placed by an agent on the site.
Utah filed criminal charges against Kalshi Inc. on Wednesday, alleging the company illegally promoted online gambling in the state amid an escalating fight over prediction markets.
HARRISBURG, Pa. (AP) — Utah on Wednesday filed criminal charges against prediction market operator Kalshi and two of its executives, months after a federal judge rejected Kalshi’s effort to prevent Utah from enforcing its strict anti-gambling laws against the activity.
Firm calls charges, which include violating state gambling ban and profiting from illegal activity, ‘crazy overreach’ Utah on Wednesday filed criminal charges against prediction market operator Kalshi and two of its executives, months after a federal judge rejected Kalshi’s effort to prevent Utah fr…
Utah is bringing criminal charges against Kalshi and two of the company's top executives, alleging they illegally profited from promoting and offering online gambling within the state. The prediction market platform, alongside CEO Tarek Mansour and chief operating officer Luana Lopes Lara, is facing…
Utah has filed criminal charges against prediction market company Kalshi and two of its co-founders, escalating a legal battle over whether states can regulate event contracts as gambling. The charges come after the U.S.
“Calling it a ‘prediction market’ doesn’t change what it is, and being federally registered doesn’t put a company above the law,” AG Derek Brown (R) said in a statement.
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Utah charges Kalshi, executives as prediction markets face legal showdown | Since Then