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The Gambling Wire: Utah Charges Kalshi Founders as Rutgers Flags Teen Gambling Risks

The Gambling Wire: Utah Charges Kalshi Founders as Rutgers Flags Teen Gambling Risks

Photo: Pixabay (illustration)

Utah takes its fight against Kalshi into criminal court, while new Rutgers research raises concerns about gambling participation and problem gambling risks among teenagers. Utah’s battle with prediction markets has further escalated with the state filing criminal charges against Kalshi and its two founders, Tarek Mansour and Luana Lopes Lara. The move comes just days after the state filed a civil lawsuit against Kalshi and federal regulators intervened. Elsewhere, a new Rutgers study has revealed concerning gambling trends among teenagers, the U.K.

Source: Gambling Insider

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