Prediction Markets News US States Utah Sues Kalshi, Seeks Up to $60 Million Over Illegal Gambling Claims October 20th, 2026 11:26 am PDT Key Highlights On October 20, Utah Attorney General Derek Brown announced a new lawsuit against the prediction market operator Kalshi, accusing it of offering illegal gambling in violation of state law. Utah Files Lawsuit Against Kalshi & Trading Groups Utah is the 10th state to file a lawsuit against Kalshi over illegal gambling claims. The […]