DraftKings and FanDuel withdraw sports and political contracts from Utah
DraftKings and FanDuel have stopped offering sports and political event contracts to customers in Utah after the state filed criminal charges against Kalshi. DraftKings’ change took effect on Thursday, while FanDuel’s began Friday; both said customers can still trade financial contracts and existing positions will settle as expected.
Utah’s enforcement action has prompted two operators to restrict event-contract markets in the state while retaining financial contracts.