DraftKings, FanDuel and Fanatics Retreat From Utah Prediction Markets

Utah’s escalating legal dispute with prediction market operator Kalshi has prompted DraftKings, FanDuel and Fanatics to restrict their operations in the state. The three sportsbook-backed platforms are withdrawing event contracts following criminal charges filed against Kalshi and its co-founders by Utah Attorney General Derek Brown. DraftKings removed sports, political and novelty contracts from its platform for Utah customers on Wednesday, October 28. FanDuel followed on Friday, ending access to comparable markets at 10 a.m. ET.