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Utah files criminal charges against prediction market operator Kalshi and its executives
Utah has charged prediction market operator Kalshi and its executives with violating state gambling laws. Kalshi has called the charges excessive. This follows a federal court ruling allowing Utah to enforce its anti-gambling laws against the company.
Our neutral summary
Utah has charged prediction market operator Kalshi and its executives with violating state gambling laws. Kalshi has called the charges excessive. This follows a federal court ruling allowing Utah to enforce its anti-gambling laws against the company.
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