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Utah criminal cases prompt prediction platforms to narrow access or leave

Within 48 hours of Utah filing criminal charges against Kalshi and its two founders on October 28, DraftKings Predictions and FanDuel Predicts removed sports, political and novelty contracts for Utah customers, keeping only financial and economic markets. Fanatics Markets said it would leave Utah completely on November 4, with open positions settling as normal, while a federal status conference on the CFTC bid to halt Utah's cases is set for November 6.

According to BetG8, DraftKings Predictions and FanDuel Predicts curtailed their Utah offerings within 48 hours of the state filing criminal charges against Kalshi and its two founders on October 28. Both platforms removed sports, political and novelty contracts for customers in the state.

Platforms take different approaches

DraftKings Predictions and FanDuel Predicts retained financial and economic markets in Utah, according to BetG8. Their changes restricted the categories available rather than ending access altogether.

Fanatics Markets took a broader approach, saying it would withdraw completely from Utah on November 4. The platform said open positions would settle normally, according to BetG8.

Federal proceedings remain in focus

A federal status conference concerning the CFTC’s effort to halt Utah’s cases is scheduled for November 6, according to BetG8. That puts the next scheduled court proceeding after the platforms’ access changes and Fanatics Markets’ announced departure date.

The reported actions distinguish between the targets of Utah’s criminal charges—Kalshi and its two founders—and other platforms that subsequently changed their Utah offerings.

What it means for prediction markets

  • Contract access has narrowed: Utah customers of DraftKings Predictions and FanDuel Predicts retain financial and economic markets, but no longer have access to sports, political or novelty contracts.
  • Withdrawal does not change the stated settlement plan: Fanatics Markets said existing positions would settle normally despite its complete exit from Utah.
  • November 6 is the next scheduled legal checkpoint: The federal status conference concerns the CFTC’s bid to stop Utah’s cases; the supplied reporting does not establish an outcome.
KalshiCFTCDraftKingsInfiniti MarketsInfiniti Signals

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    BetG8
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