The Block· Kyle Baird·· 11d ago
Utah lawsuit alleges Kalshi operates like a 'back-alley gambling den'
Original source: The BlockRead original
AI brief
Utah state officials have sued Kalshi, alleging the prediction market operates like an illegal gambling den and seeking to recover gambling profits from bets on sports, politics and cultural events. The lawsuit names Susquehanna firms as defendants.
Source: The Block · theblock.co