Wednesday, October 28, 2026 The Patriot Focus

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Federal regulator sues Utah over Kalshi as prediction-market fight widens

Federal regulator sues Utah over Kalshi as prediction-market fight widens

The CFTC says Utah cannot use state law to shut down Kalshi, while Utah contends the platform is running an illegal gambling business. The lawsuit is the agency’s 10th against a state and its first involving a state led by a Republican governor.

October 27, 2026