Arkansas Attorney General Tim Griffin has sued the companies behind Kalshi, alleging its prediction market violates state gambling and consumer protection laws. Arkansas Attorney General Tim Griffin announced Wednesday that he has sued the companies behind prediction market Kalshi, alleging…
In the aftermath of the Utah Attorney General's Office leveling criminal charges against Kalshi and two of its executives, other predictive markets have abruptly ceased trading in the state. DraftKings ceased allowing anyone in Utah to place money on its…
Utah has charged Kalshi co-founders Tarek Mansour and Luana Lopes Lara with 13 felony counts tied to running an illegal online gambling operation.... Utah Charges Kalshi Co-Founders with 13 Felony Criminal Counts for Unlawful Gambling - A court-issued temporary restraining order could pause…
Utah filed 14 criminal charges against KalshiEX LLC and co-founders Tarek Mansour and Luana Lopes Lara on October 28, twelve of them felonies tied to an undercover agent's $114.87 in sports wagers. Utah filed 14 criminal charges against KalshiEX LLC and co-founders Tarek Mansour…
Last week, Utah sued the online prediction market Kalshi, alleging the platform violated the state’s anti-gambling laws. On Tuesday, the federal Commodity Futures Trading Commission sued Utah to stop the state from enforcing its anti-gambling laws against those markets. The…
Prosecution of Kalshi executives prompts change in prediction market offerings for Utahans, with disparity of reactions representing distinct legal approaches. Three prediction market operators have restricted access to contracts for people in Utah following Utah Attorney General Derek Brown's filing…
Utah has filed criminal charges against prediction market Kalshi, naming co-founders CEO Tarek Mansour and COO Luana Lopes Lara as co-defendants. The October 28 filing lists 13 felony counts and one misdemeanor related to alleged illegal gambling activity. Kalshi denies wrongdoing and…
Utah has filed 14 criminal charges against prediction-market operator Kalshi and its two co-founders over alleged illegal gambling activities. The charges mark a significant escalation in the state's efforts to restrict the company's operations. They also follow a recent civil lawsuit…
Late last week, DraftKings, FanDuel, and Fanatics pulled their prediction market offerings from Utah after the legal battle between the state and the companies intensified. According to Legal Sports Report, DraftKings confirmed that traders in Utah can no longer trade…
Top Women of Law Utah criminally charges Kalshi with promoting illegal gambling Reuters via Reuters Connect//October 30, 2026// Utah AG Derek Brown filed the charges against Kalshi and its two co-founders, Tarek Mansour and Luana Lopes Lara, a day after the…
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