Kalshi Faces Utah Enforcement Risk After Court Loss
Kalshi faces renewed legal pressure after the U.S. Court of Appeals for the Tenth Circuit rejected the company’s request for emergency protection while it appeals a ruling that allows Utah to apply its gambling laws to sports-related event contracts. The decision leaves Utah free to pursue possible enforcement action against the prediction market operator while the broader legal dispute continues. Kalshi had requested an injunction that would have prevented the state from acting until the appeals court reached a final decision. The […] The post Kalshi Faces Utah Enforcement Risk After Court Loss appeared first on World Casino News.
Kalshi faces renewed legal pressure after the U.S. Court of Appeals for the Tenth Circuit rejected the company’s request for emergency protection while it appeals a ruling that allows Utah to apply its gambling laws to sports-related event contracts. The decision leaves Utah free to pursue possible enforcement action against the prediction market operator while the broader legal dispute continues. Kalshi had requested an injunction that would have prevented the state from acting until the appeals court reached a final decision. The […]
The post Kalshi Faces Utah Enforcement Risk After Court Loss appeared first on World Casino News.
