Federal Judge Rules Utah Can Enforce Anti-Gambling Laws Against Kalshi

A federal judge has ruled that Utah is permitted to enforce anti-gambling laws against the prediction market Kalshi, according to an August 4 report from ABC4 News. The ruling comes in response to a lawsuit filed by Kalshi against several Utah officials.

Senator John Curtis commented on the decision, stating that prediction markets operating as federally registered exchanges are subject to Utah’s constitutional gambling ban. Curtis noted that the summary judgment proves that gambling is gambling and described the outcome as a major win for states’ rights and Utah’s families.

The ruling addresses the legal status of prediction markets operating under federal registration in relation to state-level gambling prohibitions.