Christofferson criticises betting as Utah challenges prediction markets
By SectorWire desk · · Updated
Summary
LDS Church leader D. Todd Christofferson criticised sports wagering and prediction platforms at the church’s October conference in Salt Lake City. Utah is seeking to apply gambling prohibitions to platforms including Kalshi and Polymarket. The outlet reported that the Trump administration argues these platforms fall outside gambling classifications.
Why it matters
Utah’s effort to apply gambling prohibitions puts prediction market operators in conflict with the administration’s position on their classification.