https://www.live-feeds.com/feed/utah-charges-kalshi-and-its-ceo-with-illegally-promoting-online-gamblingContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/utah-charges-kalshi-and-its-ceo-with-illegally-promoting-online-gamblinghttps://www.live-feeds.com/feed/utah-charges-kalshi-and-its-ceo-with-illegally-promoting-online-gambling#u174274Wed, 04 Nov 2026 13:22:36 +0000Utah prosecutors filed 14 criminal charges against prediction market KalshiEX LLC and its co-founders, Tarek Mansour and Luana Lopes Lara, accusing them of violating the state ban on online gambling. The state action follows an undercover investigation where an agent placed wagers on sporting events using the platform. The criminal case escalates a broader regulatory conflict over state authority versus federal oversight of prediction markets, drawing responses from federal administrators and separate legal battles in other jurisdictions.Why it mattersThe charges transform a regulatory disagre