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Utah charges Kalshi’s founders, escalating a war over who can regulate prediction markets

Utah
New York Post Fews App News Provider
Fews App Post Time Hace 6h

Utah on Wednesday filed criminal charges against prediction market operator Kalshi and two of its executives, months after a federal judge rejected Kalshi’s effort to prevent Utah from enforcing its strict anti-gambling laws against the activity. The felony charges could represent a new tactic in how states try to assert regulatory authority over the fast-expanding activity, a clash that appears headed to a showdown at the U. S.

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