Utah attorney general warns sports prediction markets breach state gambling ban
By SectorWire desk · · Updated
Summary
Utah Attorney General Derek Brown warned that offering sports wagers through prediction markets remains illegal on 8 October 2026. The report said Kalshi has appealed an August federal court ruling favouring Utah, arguing that federal oversight covers its markets. DraftKings DKNG · USD 18.90 2026-10-16 Data, FanDuel and PrizePicks also remain available to Utah users, according to the report.
Why it matters
Operators offering these products in Utah face an explicit legal warning, while Kalshi contests the state's authority through its federal appeal.