Utah Blocks Kalshi’s Legal Stay | Salt Lake City News

Utah’s legal crackdown on Kalshi and similar predictive betting platforms just got a major boost as the 10th Circuit Court denied their emergency request to halt state action — setting a high bar they failed to meet. The court ruled Kalshi didn’t prove it had a strong chance of winning its appeal, would suffer serious harm without an injunction, or that blocking the state wouldn’t harm the public. This comes amid Utah’s strict anti-gambling constitution, which Kalshi claims doesn’t apply since their platform operates under federal commodities laws. Though the state’s AG praised the ruling, no immediate enforcement plans are confirmed — but all eyes are on whether Utah leads other states in cracking down on these emerging markets. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e1b70bb61d12434f