Utah Relay

2 reports on this story

After Kalshi criminal charges, other predictive markets pull out of Utah

What happened

Several prediction-market platforms have pulled back from Utah users after the state filed criminal charges against Kalshi and two of its executives. The companies stopped or are limiting certain event contracts, though none explicitly tied the move to the charges. Kalshi disputes that these contracts are gambling and has challenged the state's position in court.

Timeline

  1. Fox 13 (YouTube) After Kalshi criminal charges, other predictive markets pull out of Utah
  2. Fox 13 Other predictive markets pull out of Utah after Kalshi criminal charges

Written by Utah Relay from the reports below. The reporting belongs to the outlets named; follow the links for their full stories.

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