Federal judge allows Utah to enforce anti-gambling laws on prediction markets Kalshi and Polymarket
- A federal judge ruled that Utah can enforce its anti-gambling laws on prediction markets like Kalshi and Polymarket.
- Kalshi had sued Utah to prevent the enforcement of these gambling restrictions.
- The ruling comes as Utah was preparing to enact legislation against prediction markets.
- Utah's attorney general stated that he will enforce state laws on Kalshi.
- Kalshi plans to appeal the ruling, asserting that prediction markets fall under federal jurisdiction.
A federal judge in Utah has ruled that the state can enforce its strict anti-gambling laws on prediction markets, including Kalshi and Polymarket. This decision is seen as a significant victory for states seeking to regulate these popular betting platforms.
Kalshi had previously filed a lawsuit against Utah, arguing that federal law should prevent the state from enforcing its gambling restrictions. However, U.S. District Judge Robert Shelby rejected this argument, stating that the federal law cited by Kalshi does not stop Utah from applying its own laws.
The ruling comes amid ongoing debates about whether prediction markets should be classified as financial markets or gambling. Utah's attorney general has indicated intentions to enforce state laws, while Kalshi has announced plans to appeal the decision, maintaining that prediction markets are solely under federal jurisdiction.
联邦法官允许犹他州对预测市场Kalshi和Polymarket执行反赌博法
犹他州的一名联邦法官裁定，该州可以对包括Kalshi和Polymarket在内的预测市场执行严格的反赌博法。这一决定被视为各州寻求监管这些受欢迎的博彩平台的重要胜利。
Kalshi此前曾对犹他州提起诉讼，辩称联邦法律应阻止该州执行其赌博限制。然而，犹他州地区法院法官罗伯特·谢尔比拒绝了这一论点，表示Kalshi引用的联邦法律并未阻止犹他州适用其自身法律。
该裁决是在关于预测市场应被归类为金融市场还是赌博的持续辩论中作出的。犹他州检察长已表示有意执行州法律，而Kalshi则宣布计划对此裁决提出上诉，坚称预测市场仅受联邦管辖。