Utah charges Kalshi and its CEO with illegally promoting online gambling
entryleveljobsc
81 points
17 comments
October 29, 2026
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Discussion Highlights (4 comments)
wildzzz
I like how the Special Agent's affidavit just looks like his wife caught him sports betting and he figured out a way to make it look like he was really investigating a crime.
ChrisArchitect
Source: https://apnews.com/article/kalshi-prediction-markets-utah-42... ( https://news.ycombinator.com/item?id=50293665 )
SpicyLemonZest
As much as I’d like to see their executive team in prison jumpsuits, I have to imagine they throw in the towel on this if the elections go as expected. They can’t possibly believe the Trump regime will be around to protect them forever.
strongwaddle
I love how they call it 'prediction markets' instead of 'gambling.'