What You Should Know about Kalshi
Prediction market faces legal challenges on multiple fronts.
www.chanced.com and www.punt.com
Case Name (Date)
Kelsch et al. v. Gold Coin Group LLC
25-cv-995, D. Utah
(Nov. 2025)
Product/Service
www.chanced.com and www.punt.com
Allegations
Marketing themselves as legitimate and legal “sweepstakes” casinos when they are actually unlawful gambling enterprises under Utah state law
Status
Pending
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