The Gambling Wire: Kalshi Sues Missouri as Crypto.com Challenges Utah
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Kalshi says Missouri’s licensing requirements offer no realistic path to compliance, while OG.com launches a separate challenge in Utah. Prediction market operators have opened two more legal fronts against state gambling regulators, with Kalshi challenging Missouri’s licensing demands and Crypto.com-backed OG.com seeking protection from enforcement in Utah. Elsewhere, a new Citizens report points to slowing U.S. iGaming growth; Robinhood and Caesars Entertainment reported third-quarter earnings; Kalshi introduced deposit limits for traders under 21; and former NBA player Malik Beasley has agreed to plead guilty in a sports betting case.
Source: Gambling Insider
