Prediction Market Giant Sues Utah Amid Prop Betting Legislation

The prediction market is booming across the US, and one of the biggest in the space, Kalshi, is suing Utah. This comes as state lawmakers are taking aim at proposition betting by arguing that it is operating illegally under Utah's anti-gambling laws. Greg and Holly talk with Bridger Beal-Cvetko with KSL.com about the latest on the lawsuit. Rep. Joe Elison shares details on his proposal that addresses prop betting in Utah.

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This episode was published on February 26, 2026.

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