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‘Deseret Voices’ Episode 57: Kalshi bet this state wouldn’t enforce its gambling laws. It lost

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Utah News spotted this story published October 28, 2026 at Deseret News. Full coverage may follow as more sources report.

A new front opened Tuesday in Utah’s battle against prediction markets when the Commodity Futures Trading Commission filed a lawsuit Tuesday to stop the state from shutting down federally regulated markets. Utah sued prediction market platform Kalshi on Oct. 20 on the basis that the state constitution prohibits gambling.

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