Daniel Wallach(@WALLACHLEGAL):NOTABLE CONCESSION: Kalshi acknowledges its event contracts satisfy Utah’s general definition of gambling: “Kalshi does not argue otherwise.” Instead, it argues they fall within the statute’s express exception for “lawful business transactions.”

Daniel Wallach

@WALLACHLEGAL

#Sportsbetting# & gaming lawyer. Co-Founder @UNHLaw sports wagering. Teach @MiamiLawSchool. Contributor @Forbes. Co-Founder @Condetrimental #sportslaw# podcast.

Joined November 2024

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Daniel Wallach@WALLACHLEGAL

2026.11.06 06:29

NOTABLE CONCESSION: Kalshi acknowledges its event contracts satisfy Utah’s general definition of gambling: “Kalshi does not argue otherwise.” Instead, it argues they fall within the statute’s express exception for “lawful business transactions.”