The Aporia
Rowe, R. (2026, October 29). Utah files criminal charges against Kalshi amid state rights battle. Washington Examiner. https://www.washingtonexaminer.com/news/justice/4784284/utah-criminal-charge-kalshi-state-rights-battle/
Rowe, Rena. “Utah files criminal charges against Kalshi amid state rights battle.” Washington Examiner, 29 Oct. 2026, https://www.washingtonexaminer.com/news/justice/4784284/utah-criminal-charge-kalshi-state-rights-battle/.
Rowe, Rena. “Utah files criminal charges against Kalshi amid state rights battle.” Washington Examiner, October 29, 2026. https://www.washingtonexaminer.com/news/justice/4784284/utah-criminal-charge-kalshi-state-rights-battle/.
Dated from the outlet's own feed. Check the original for its byline.
Utah filed criminal charges against prediction market operator Kalshi and its co-founders, Tarek Mansour (CEO) and Luana Lopes Lara (COO), on October 29, 2026. The charges include 13 counts of violating the state’s gambling prohibitions and an additional count for profiting from illegal activity. Utah Attorney General Derek Brown initiated these charges in a district court in Salt Lake City after a federal judge allowed Utah to enforce its strict anti-gambling laws against prediction markets like Kalshi, despite Kalshi's attempts to prevent this through legal challenges. This case highlights the ongoing conflict between states and federal regulators over the regulation of online gambling platforms, with potential implications for similar companies nationwide.
Utah has filed criminal charges against prediction market company Kalshi and two of its co-founders, escalating a legal battle over whether states can regulate event contracts as gambling.
The charges come after the U.S. Court of Appeals for the 10th Circuit ruled in August that federal commodities law did not preempt Utah’s authority to regulate Kalshi’s sports event contracts under state gambling laws.
At the same time, the Commodity Futures Trading Commission sued Utah on Tuesday, arguing that federal law gives the CFTC exclusive authority over the markets and preempts state enforcement.