Local & State
Utah Files Criminal Charges Against Kalshi Over Gambling Law
PN Team • 7 days ago
Utah Attorney General Derek Brown filed criminal charges against prediction market platform Kalshi and co-founders Tarek Mansour and Luana Lopes Lara, alleging illegal promotion of online gambling, including a pattern of unlawful activity felony and multiple felony and misdemeanor counts. Charging documents cite an undercover agent placing sports bets on the platform in September, after a federal judge ruled in August that federal law did not bar Utah from enforcing its gambling statutes against Kalshi.
The move follows Brown's earlier civil lawsuit and comes a day after the CFTC sued to block Utah's enforcement. Kalshi called the charges political overreach and vowed to fight them, as it did successfully in Arizona, the only other state to bring a criminal case.