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Utah Calls on Courts to Block Kalshi from Running Event Contracts in State

Utah Calls on Courts to Block Kalshi from Running Event Contracts in State

Photo: GamblingNews

Utah is once again going after Kalshi, alleging that the company and its affiliate, as well as two Susquehanna trading firms, have breached the state’s gambling laws and inflicted damages of up to $61.2 million . Utah Once Again on the Offensive Against Prediction Markets This is the specific number Utah claims the defendants need to pay in restitution and other financial remedies to the state in a new complaint filed on Tuesday , October 20 , at Utah’s Third District Court by state attorney general Derek Brown .

Source: GamblingNews

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