Utah charges Kalshi, executives as prediction markets face legal showdown

The Hill - Oct 29, 2026

Utah is bringing criminal charges against Kalshi and two of the company's top executives, alleging they illegally profited from promoting and offering online gambling within the state. The prediction market platform, alongside CEO Tarek Mansour and chief operating officer Luana Lopes Lara, is facing 13 felony counts and one misdemeanor count, according to a recent...

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