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News
As Utah battles Kalshi in court, Moore and Curtis look to regulate prediction markets in Congress
5+ mon, 1+ week ago (164+ words) Utah’s fight against prediction markets has made its way to Congress, where Rep. Blake Moore and Sen. John Curtis have both proposed new regulations. As Utah battles Kalshi in court, Moore and Curtis look to regulate prediction markets in Congress…...
All prop bets are off in Utah under new law
5+ mon, 2+ week ago (823+ words) Utah prohibits all forms of gambling, and a new law specifically targeting what are known as proposition bets will take effect in May. Gov. Spencer Cox signed a bill outlawing wagers placed on specific players or events during sporting contests…...
March Madness prediction markets draw scrutiny in Arizona, Utah
5+ mon, 3+ week ago (586+ words) Prediction markets such as Kalshi and Polymarket are growing during March Madness, but state officials say they may be skirting gambling laws. Here’s why Arizona and Utah are pushing back. As the NCAA men’s basketball tournament begins, Americans are expected…...