Federal judge lets Utah enforce its anti-gambling laws on the prediction market Kalshi
- A federal judge ruled that Utah can enforce its anti-gambling laws on prediction markets including Kalshi.
- Kalshi had sued Utah to prevent the enforcement of state gambling restrictions.
- The ruling is part of a broader legal battle over the regulation of prediction markets between states and the federal government.
- Utah's laws currently ban proposition betting, which is a significant revenue source for prediction markets.
- Kalshi plans to appeal the ruling, asserting that prediction markets should fall under federal jurisdiction.
A federal judge has ruled that Utah can enforce its strict anti-gambling laws on prediction markets such as Kalshi and Polymarket. This decision comes as Utah was preparing to enact legislation aimed at limiting the operations of prediction markets within the state.
Kalshi had previously filed a lawsuit against Utah, seeking to prevent the state from imposing its gambling restrictions. However, U.S. District Judge Robert Shelby rejected this request, stating that federal law does not prevent Utah from enforcing its own laws regarding gambling.
The ruling allows Utah residents to continue placing bets on these platforms for the time being. Utah's Attorney General, Derek Brown, confirmed that the state will enforce its gambling laws, while Kalshi indicated plans to appeal the decision, maintaining that prediction markets should be regulated at the federal level.
联邦法官允许犹他州在预测市场Kalshi上执行其反赌博法律
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其严格的反赌博法律。这一决定是在犹他州准备通过立法限制预测市场在该州的运营之际作出的。
Kalshi此前已对犹他州提起诉讼，要求阻止州政府施加赌博限制。然而，美国地区法官罗伯特·谢尔比拒绝了这一请求，表示联邦法律并不妨碍犹他州执行其自身的赌博法律。
该裁决允许犹他州居民暂时继续在这些平台上下注。犹他州检察长德里克·布朗确认，州政府将执行其赌博法律，而Kalshi则表示计划对此裁决提出上诉，主张预测市场应由联邦监管。