Utah AG Sues Kalshi Prediction Market Company

• Utah Attorney General Derek Brown likened Kalshi to a 'public nuisance' causing harm to residents.
• The lawsuit seeks to recover alleged gambling profits from Kalshi.
• Utah aims to block Kalshi bets across sports, politics, and culture.
• The lawsuit names Susquehanna firms involved with Kalshi.
• Kalshi has been likened to a 'back-alley gambling den' in the legal action.