Kalshi loses emergency appeal bid against Utah

Kalshi has lost an emergency injunction request at the 10th Circuit, leaving Utah free to enforce its gambling laws while the prediction market operator pursues its appeal. Summary The 10th Circuit denied Kalshi’s request for an injunction pending appeal. Utah may now bring civil or criminal enforcement action against the prediction market operator. States have won 12 consecutive federal rulings since an earlier Minnesota decision favored prediction markets. New Jersey has asked the Supreme Court to settle the federal-versus-state jurisdiction dispute. Utah can enforce its gambling laws against Kalshi Legal analyst Daniel Wallach said in an X post that the 10th U.S. Circuit Court of Appeals had denied Kalshi’s emergency motion for an injunction pending appeal. BREAKING: Tenth Circuit denies Kalshi’s emergency motion for injunction pending appeal, which aimed to prevent Utah state officials from taking civil or criminal action against Kalshi during the appeal process. Utah can now enforce its strict anti-gambling laws against Kalshi. pic.twitter.com/8OG0oxjK17— Daniel Wallach (@WALLACHLEGAL) September 8, 2026 Kalshi sought temporary protection after a federal judge allowed Utah to a...