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Raising Arizona: Utah brings 13 felony charges against Kalshi

Raising Arizona: Utah brings 13 felony charges against Kalshi

Photo: Pixabay (illustration)

KEY TAKEAWAYS Utah is pursuing 13 felony charges and one misdemeanor count against Kalshi, alleging an investigator was able to place sports bets on the platform in violation of the state’s strict anti-gambling laws. Utah is the second state to file a criminal suit against Kalshi, and its felony charges are more serious than the 20 misdemeanor counts brought by Arizona earlier this year. Kalshi described Utah’s actions as “a crazy overreach” and said it looks forward to winning in court. Utah wants Kalshi charged with second-degree and third-degree felonies.

Source: SBC Americas

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