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Event Brief

Utah brings criminal charges against Kalshi and co-founders

Utah brought criminal charges against prediction-market company Kalshi and its co-founders after a federal judge ruled the state could enforce its anti-gambling laws against prediction markets. Separately, the Trump administration has sued 10 states over efforts to stop gambling on prediction markets.
WHO: Utah; Kalshi and its co-founders
WHAT: Utah brought criminal charges against Kalshi and its co-founders.
WHEN: Reported Oct 28, 2026 at 10:33 PM ET
WHERE: Utah, USA
WHY: The charges followed a federal judge’s ruling that Utah could enforce its anti-gambling laws against prediction markets.

Reporting from 2 identified publishers across this event arc.

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