Utah files criminal gambling charges against Kalshi and its two co-founders
Utah's attorney general has charged prediction market Kalshi, CEO Tarek Mansour and COO Luana Lopes Lara with gambling-promotion offences. Kalshi called the charges "crazy overreach".
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The story, neutrally told
Left · 1Utah has filed criminal charges against the prediction market Kalshi and its two co-founders, accusing them of illegally promoting online gambling. Al JazeeraLC “The US state of Utah has announced criminal charges against popular prediction market Kalshi and its two co-founders, accusing the platform and its executives of illegally promoting online gambling.” Read at Al Jazeera ↗ Left · 1Utah Attorney General Derek Brown filed the charges against Kalshi, CEO Tarek Mansour and COO Luana Lopes Lara on Wednesday in a district court in Salt Lake City. Al JazeeraLC “Utah Attorney General Derek Brown filed the charges against Kalshi, chief executive officer Tarek Mansour and chief operating officer Luana Lopes Lara on Wednesday in a district court in Salt Lake City.” Read at Al Jazeera ↗ Left · 1The criminal complaint lists 12 counts of online gambling promotion, one count of general gambling promotion and one count of pattern of unlawful activity. Al JazeeraLC “The criminal complaint accuses the defendants of 12 counts of online gambling promotion, one count of general gambling promotion and one count of pattern of unlawful activity.” Read at Al Jazeera ↗
Right · 1Just the News describes the counts as felonies and says the platform allegedly kept accepting bets after a court ruled that the state's laws applied to it. Just the NewsRC “The state is charging the company, CEO Tarek Mansour, and COO Luana Lopes Lara with felony counts, allegedly the platform continued accepting bets even after a court ruling that said the state's laws applied to the platform.” Read at Just the News ↗ Left · 1Al Jazeera says the charges follow an August ruling by a federal judge that Utah could enforce its anti-gambling laws against prediction markets such as Kalshi and Polymarket. Al JazeeraLC “The charges come after a federal judge in August ruled that Utah could enforce its stringent anti-gambling laws against prediction markets such as Kalshi and Polymarket.” Read at Al Jazeera ↗ Right · 1Brown said, as quoted by Just the News citing The Hill: "Gambling is illegal in Utah, whether you place the bet, run the game, or promote it. Calling it a 'prediction market' doesn't change what it is, and being federally registered doesn't put a company above the law." Just the NewsRC ““Gambling is illegal in Utah, whether you place the bet, run the game, or promote it,” state Attorney General Derek Brown said, according to The Hill.” Read at Just the News ↗
Right · 1Kalshi called the charges a "crazy overreach". Just the NewsRC “Kalshi, for its part, called the charges a "crazy overreach."” Read at Just the News ↗ Right · 1Prediction markets have grown in popularity in recent years, and critics argue they are merely digital gambling, which remains illegal in some states. Just the NewsRC “Critics have argued that the websites are merely digital gambling, which remains illegal in some states.” Read at Just the News ↗
Every sentence links to the reporting it rests on. The pill in front of each says where its sources sit: Left, Centre or Right when one side supplies at least half of them, Mixed when they are evenly split. The number is how many outlets it cites.
Left1 outlet
- Framing
- Short report leading on the charges and the federal court ruling that preceded them, with the exact counts.
- Emphasis
- The legal background (August federal ruling) and the specific counts.
- Leaves out or plays down
- No response from Kalshi or quote from Brown in the text covered.
- Charged language
- “hit with criminal charges”
- For example
-
“The charges come after a federal judge in August ruled that Utah could enforce its stringent anti-gambling laws against prediction markets such as Kalshi and Polymarket.” — Al Jazeera
Centre0 outlets
No centre outlet in our sources has covered this story yet.
Right2 outlets
- Framing
- Presents the charges as enforcement of a gambling ban, calling Kalshi a betting website, and gives both Brown's and Kalshi's reactions.
- Emphasis
- Brown's quote, the allegation that bets continued after the ruling, and Kalshi's "crazy overreach" response.
- Leaves out or plays down
- Does not give the specific count breakdown or name the August federal ruling's date or court.
- Charged language
- “betting website”“crazy overreach”
- For example
-
“The state of Utah has filed criminal charges against betting website Kalshi and some of its executives, for allegedly violating the state's ban on gambling.” — Just the News
What every side reports
- Utah has filed criminal charges against Kalshi, CEO Tarek Mansour and COO Luana Lopes Lara.
- Utah Attorney General Derek Brown is behind the charges.
- The charges concern alleged illegal gambling activity.
Where accounts differ
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Whether Kalshi is a gambling operation
- Left
- Al Jazeera reports the state accuses the platform of illegally promoting online gambling.
- Right
- Just the News calls Kalshi a "betting website"; Kalshi calls the charges a "crazy overreach" and Brown rejects the "prediction market" label.
Utah place
Through Attorney General Derek Brown, Utah says gambling is illegal however it is labelled and that federal registration does not exempt a company.
“Calling it a ‘prediction market’ doesn’t change what it is, and being federally registered doesn’t put a company above the law.” — Just the News
Kalshi organisation
Kalshi rejects the charges as "crazy overreach".
“Kalshi, for its part, called the charges a "crazy overreach."” — Just the News
Left1 article
-
Kalshi, co-founders hit with criminal charges in US state of Utah
Neutral Straight news report of the charges, counts and the earlier federal ruling.
Centre0 articles
No coverage yet.
Right2 articles
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Utah charges Kalshi over statewide gambling ban
Mixed Reports the charges as a gambling-ban enforcement, labels Kalshi a betting website and relays both sides' quotes.
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- 29 Oct 02:33 First Al JazeeraLC Kalshi, co-founders hit with criminal charges in US state of Utah
- 29 Oct 15:52 +13h 18m Just the NewsRC Utah charges Kalshi over statewide gambling ban
- 29 Oct 17:04 +14h 31m Washington ExaminerR Utah files criminal charges against Kalshi amid state rights battle
Times are when each article was published, or when we first saw it if the outlet gave no time.
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