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Fanatics Markets will halt Utah trades as prediction-market dispute widens
The platform cited recent developments as Utah’s gambling case against Kalshi prompts rival operators to restrict contracts.
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CFTC seeks emergency order to halt Utah’s Kalshi enforcement
The proposed federal injunction would stop pending civil and criminal actions, new investigations and subpoenas tied to regulated event contracts.
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Utah brings criminal gambling case against Kalshi and its founders
The state alleges an undercover investigator placed 12 sports wagers from Utah, opening a new front in the fight over prediction-market regulation.
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CFTC sues Utah to stop prediction-market enforcement against Kalshi
Federal agency says state gambling law cannot govern event contracts traded on CFTC-regulated exchanges.
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Utah sues Kalshi, seeking geolocation block and millions in alleged gambling proceeds
The state says more than $3 billion in wagers came from Utah accounts, while Kalshi’s federal appeal over state gambling enforcement continues.