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busterarm
Rich coming from Utah, the MLM/Ponzi fraud capital of the US.

Maybe they're just mad the company is based out of NY?

ckrapu
Gambling and fraud are rather different types of problems.

At least they're taking a stand over it.

tzs
That comment makes no sense.

They do have the highest rate of Ponzi schemes, which is a problem and they have been putting in effort to fight that.

The factors that make Ponzi schemes easier in Utah would also likely make illegal online gambling more harmful than in other states so it makes sense for them to want to nip that in the bud.

iugtmkbdfil834
In a very practical sense, if wossname big name prediction market can't technically operate in US, I am not sure why Kalshi should get an exception.