Utah Charges Kalshi and Executives with Felony Gambling Promotion
Utah prosecutors filed 14 criminal counts against prediction‑market platform Kalshi and its co‑founders for allegedly taking illegal sports bets in the state.
CCOINMAG
1.4K0
50% chance
Data: Polymarket, updated every minute. · Ends Oct 31, 2026
In the upcoming college football game between Utah and Cincinnati, scheduled for October 31 at 3:45PM ET: This market will resolve to "Utah" if Utah win the game. This market will resolve to "Cincinnati" if Cincinnati win the game. Overtime is included if played. If the game ends in a tie, this market will resolve 50-50. If the game is postponed, this market will remain open until the game has been completed. If the game is canceled entirely, with no make-up game, this market will resolve 50-50.
Resolution source: ncaa.com/
Utah prosecutors filed 14 criminal counts against prediction‑market platform Kalshi and its co‑founders for allegedly taking illegal sports bets in the state.
It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
The market resolves by the rules below. Polymarket uses the UMA optimistic oracle: anyone can propose the outcome and dispute it during a challenge period.
Yes, where Polymarket is available. You connect your own wallet; the bet goes to Polymarket and the money never passes through COINMAG.
