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Utah lawmakers send prediction market ban bill to governor

Regulation

Utah lawmakers sent a bill that would prohibit prediction markets to Governor Spencer Cox for approval. Cox has said he intends to sign it, while Kalshi is pursuing a federal court case over the state's application of gambling laws to its exchange.

A signature would change the legal position for prediction market operators seeking to offer contracts in Utah.

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Regulation

Louisiana lawmakers send sportsbook exclusion bill to governor

Louisiana’s Senate Bill 325 is awaiting action by Governor Jeff Landry after the state House speaker signed it, according to the report. The bill would let the Louisiana Gaming Control Board exclude people who threaten athletes with harm over gambling, subject to notice and a hearing. Operators could face licence or permit suspension or revocation for a pattern of deliberately failing to enforce the exclusion list.

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