Utah Blocks Kalshi Prediction Market | Salt Lake City News

Salt Lake City News Today | 2 Min News | The Daily News Now! · Aug 5, 2026 · 1m

A federal judge just sided with Utah, ruling that its strict anti-gambling laws apply to Kalshi’s prediction market platform — despite Kalshi’s claim of federal immunity. The court rejected Kalshi’s argument that its CFTC registration shields it from state enforcement, affirming Utah’s constitutional ban on gambling and the state’s right to regulate online betting. With Utah’s Attorney General warning against rebranding illegal gambling as legal, and a new state law targeting proposition bets, this decision signals a major win for Utah’s anti-gambling stance — and a setback for companies…