Utah has filed 14 felony charges against prediction market operator Kalshi and its top executives for allegedly violating the state's strict anti-gambling laws. The charges include 13 counts of illegal gambling and one count of profiting from illegal activity, following a federal court ruling that Utah's laws apply to Kalshi despite its federal registration. This move marks a potential shift as states increasingly pursue criminal actions against prediction market platforms, a battle likely headed to the U.S. Supreme Court. Kalshi disputes the charges, calling them political overreach, and plans to fight the case in court.
Kalshi's legal challenges are the subject, with Pluang's Financials sector data as context. As of Oct 30, 2026 09:01 WIB, 102 of 142 Financials stocks rose, 40 fell. Notable movers include BSBR at USD 4.87 (+7.27%), AVAT at USD 1.03 (-7.21%), and COIN at USD 150.70 (-7.16%).
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