Kalshi emergency injunction denied by 10th Circuit in Utah gambling case
The 10th Circuit denied Kalshi's emergency injunction bid, allowing Utah to enforce its gambling laws against the prediction market operator during its ongoing appeal.
Why it matters
The denial removes a legal shield for Kalshi and leaves it exposed to state enforcement while its broader appeal proceeds, potentially emboldening other states to pursue similar actions against prediction market platforms operating within their borders.
Key facts
The 10th U.S. Circuit Court of Appeals denied Kalshi's emergency motion for an injunction pending appeal.
Reported by Crypto.News
Utah may now bring civil or criminal enforcement action against Kalshi.
Reported by Crypto.News
New Jersey has asked the U.S. Supreme Court to settle the federal-versus-state jurisdiction dispute regarding prediction markets.
Reported by Crypto.News
What happened
Legal analyst Daniel Wallach reported on X that the 10th U.S. Circuit Court of Appeals denied Kalshi's emergency motion for an injunction pending appeal. The order would have temporarily shielded Kalshi from Utah enforcement while the company challenges a federal judge's ruling allowing Utah to apply its gambling restrictions to Kalshi's sports event contracts. With the motion denied, Utah may now pursue civil or criminal action against the prediction market operator. Kalshi initially sued Utah earlier in 2026 as the state prepared to tighten its restrictions on prediction markets. According to the reporting, states have now won 12 consecutive federal rulings on prediction market jurisdiction since an earlier Minnesota decision favored prediction markets, and New Jersey has asked the U.S. Supreme Court to settle the federal-versus-state jurisdiction dispute.
How the story developed
- First report
First report by Crypto.News
Kalshi loses emergency appeal bid against Utah
- Update
Kalshi sued Utah over prediction market restrictions
Kalshi initiated legal action as the state prepared to tighten its restrictions on prediction markets.
- Update
10th Circuit denied Kalshi's emergency injunction bid
The court denied Kalshi's request for temporary protection from Utah enforcement while its appeal proceeds.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Crypto.News Crypto media | Kalshi loses emergency appeal bid against Utah | Original |
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