Article 75PJX ‘You can bet on it’: Utah lawmakers form united front in push to ban prediction markets

‘You can bet on it’: Utah lawmakers form united front in push to ban prediction markets

by
Anna Betts
from US news | The Guardian on (#75PJX)

Utah's heavily Mormon population is largely opposed to all gambling, even on financial exchange platforms

Utah is home to some of the strongest anti-gambling laws in the US, with vehement opposition dating back more than a century. But as prediction markets have surged - allowing users to bet on almost anything, from elections to sports to geopolitical events - the state has not escaped the nationwide boom.

Its Republican leaders are fighting back, setting up a battle between one of the country's most conservative states and a rapidly growing industry that is embraced by a Republican administration in Washington - and members of the US president's own family.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/us-news/rss
Feed Title US news | The Guardian
Feed Link https://www.theguardian.com/us-news
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2026
Reply 0 comments