The Gambling Wire: Utah Sues Kalshi as Flutter Plans 1,400 Job Cuts
Utah has become the latest state to request that Kalshi geofence its borders, seeking to recover up to $61.2 million in fees it allegedly collected. Utah has sued Kalshi in state court, seeking to block the prediction market platform and recover millions in alleged illegal gambling proceeds. The lawsuit arrived more than two months after the state secured a favorable court ruling rejecting Kalshi’
Utah has become the latest state to request that Kalshi geofence its borders, seeking to recover up to $61.2 million in fees it allegedly collected. Utah has sued Kalshi in state court, seeking to block the prediction market platform and recover millions in alleged illegal gambling proceeds. The lawsuit arrived more than two months after the state secured a favorable court ruling rejecting Kalshi’
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