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Tag: Kalshi

Kalshi Suing Utah Over Proposed Law To Ban Prop Betting

Kalshi Suing Utah Over Proposed Law To Ban Prop Betting

(Salt Lake City, UT) — A major prediction market is suing Utah over a proposed state law that would ban their industry. Kalshi says so-called proposition bets are regulated at the federal level by the Commodity Futures Trading Commission. Last week, that agency made it clear that prop bets are […]

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