SALT LAKE CITY — The predictive market company Kalshi warned that the state of Utah is poised to take action against it unless federal judge intervenes. U.S. District Court Judge Robert Shelby ruled that Utah can enforce its anti-gambling laws against Kalshi and other predictive markets. Kalshi pre-emptively sued Utah to block the state from taking any action. "At no point has Kalshi been immune or exempt from Utah state law. And, with the exception of a brief stipulated stay of enforcement during the briefing period, Utah has always been free to bring an enforcement action against Kalshi," assistant Sttorney General Joshua Cutler wrote.