Skip to content
highrisk.news
RUJoin

News

DraftKings, FanDuel and Fanatics exit Utah prediction markets amid Kalshi case

Sportsbook operators are pulling prediction market offerings in Utah following criminal charges filed against Kalshi.

HighRisk Media Newsroom, , 1 min read · Читать по-русски

DraftKings, FanDuel and Fanatics exit Utah prediction markets amid Kalshi case

The state of Utah has filed 14 criminal charges against Kalshi in state court, 13 of them under felony statutes. According to one source, the charges were filed shortly before Halloween.

According to Utah Attorney General Derek Brown, the company openly offered sports betting and other gambling products. The materials do not specify how Kalshi responded to the charges.

According to a report, DraftKings, FanDuel and Fanatics are withdrawing from prediction markets in Utah in light of the case.

Sources

Prepared by AI from the sources above and checked against them. Spotted a mistake? Write to @highrisk_team.

Get stories like this first

  • 📰 Daily briefing — Telegram channel @highrisk_media
  • 📡 PSP and payment-method alerts — in our bot
  • 🔒 HighRisk Private — closed chat with topics for iGaming, payments, crypto, dating, nutra
  • 📄 Post your resume — seen by industry recruiters

prediction marketsKalshiUtahsports bettingregulation