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Utah charges Kalshi founders over sports betting

Utah charges Kalshi founders over sports betting

Photo: Focus Gaming News

The case adds to Utah’s efforts to restrict prediction markets, with prosecutors alleging that 12 sports wagers violated state gambling laws. Key takeaways: U.S.- Utah Attorney General’s Office has filed 14 criminal charges against Kalshi, accusing the prediction market operator of violating state gambling laws by allowing users to wager on sporting events. The case...

Also reported by World Casino News, GamblingNews, Gambling Insider.

Source: Focus Gaming News

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