Federal judge allows Utah to enforce anti-gambling laws on prediction market Kalshi
- A federal judge ruled that Utah can enforce its anti-gambling laws on prediction markets like Kalshi.
- Kalshi had sued Utah to prevent the enforcement of these restrictions, claiming federal jurisdiction over prediction markets.
- The ruling comes as Utah was preparing legislation to limit prediction markets in the state.
- Utah's attorney general stated that he will enforce state laws on Kalshi, while the company plans to appeal the decision.
- The legal landscape regarding prediction markets varies across different states, with some allowing restrictions and others not.
A federal judge has ruled that Utah can enforce its strict anti-gambling laws on prediction markets, including Kalshi and Polymarket. This decision is seen as a victory for states aiming to regulate these popular betting platforms. Kalshi had previously filed a lawsuit against Utah, seeking to block the enforcement of state gambling restrictions, arguing that prediction markets should fall under federal jurisdiction.
The ruling comes as Utah was on the verge of enacting legislation aimed at limiting prediction markets' operations within the state. Currently, state law prohibits proposition betting in sports, which is a significant revenue source for leading prediction markets. Following the ruling, the state’s attorney general indicated that he would enforce the laws against Kalshi, while the company announced plans to appeal.
The legal situation surrounding prediction markets is complex and varies by state, with some courts siding with Kalshi and others supporting state restrictions. The outcome of this ruling may have implications for the regulation of prediction markets across the United States.
联邦法官允许犹他州执行反赌博法对抗预测市场Kalshi
一名联邦法官裁定犹他州可以对包括Kalshi和Polymarket在内的预测市场执行严格的反赌博法。这一决定被视为希望规范这些流行博彩平台的州的胜利。Kalshi此前曾起诉犹他州，寻求阻止州赌博限制的执行，认为预测市场应受联邦管辖。
该裁决出现在犹他州准备实施旨在限制预测市场在该州运营的立法之际。目前，州法禁止体育中的提案投注，这对主要预测市场来说是重要的收入来源。在裁决后，州检察长表示将对Kalshi执行法律，而该公司则宣布计划提出上诉。
关于预测市场的法律状况复杂，并且因州而异，有些法院支持Kalshi，而其他法院则支持州限制。这一裁决的结果可能对美国各地预测市场的监管产生影响。