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Why Prediction Markets Still Operate in Utah Despite Ban

Picture: Legal Sports Betting

PROVO, UTAH – More than two months after a federal judge cleared Utah to enforce its gambling ban against prediction market Kalshi, the state has taken no public action against the company or against DraftKings and FanDuel. Utah is one of two states that ban all gambling, making it a test case in a national fight over who regulates prediction markets . Derek Brown, Utah Attorney General, maintains the platforms are illegal .

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