Utah Attorney General sues Kalshi, seeking end to sports and election betting in state

Utah Attorney General Derek Brown sued prediction market operator Kalshi on October 20, asking a state court to bar the company from offering sports and election bets in Utah. The complaint argues that Kalshi’s yes/no event contracts are indistinguishable from the bets a traditional sportsbook takes, and that the wagers violate Utah’s prohibitions on gambling and fringe gambling. Brown’s office called the company’s conduct a public nuisance that interferes with public safety, public peace and public welfare in the state.