title: Utah — Overview: What kind of market is this? | advennt.io canonical: https://advennt.io/jurisdictions/utah/overview/ [Jurisdictions](https://advennt.io/jurisdictions/) [Utah](https://advennt.io/jurisdictions/utah/) Overview Utah · Question 01 of 11 # Overview: What kind of market is this? Unfavourable · Confirmed · AI-generated · [Back to full Utah report →](https://advennt.io/jurisdictions/utah/) Key section parameters | Jurisdiction | Utah (US-UT) | |---|---| | Regulator | None — All Gambling Prohibited (Utah Office of the Attorney General) | | Favourability | Unfavourable | | Confidence | Confirmed | | Review status | AI-generated | | Last collected | 18 Oct 2026 | Summary answer Utah's statutory prohibition on gambling was recodified and expanded by HB 243, Gambling Revisions, effective 6 May 2026, adding proposition bets, a wager on an individual action, statistic, occurrence or non-occurrence, to the statutory definition of gambling. Litigation over whether federally-regu… ### Key headwinds & conditions - Constitutional prohibition (2/3 legislature + voter referendum required to amend) - No regulator or licensing infrastructure exists to build upon - 2026 HB243 actively closing remaining prop-bet/prediction-market loopholes - Statutory federal opt-out clause blocks any future federal online-gambling preemption route ## Full section analysis Utah's statutory prohibition on gambling was recodified and expanded by HB 243, Gambling Revisions, effective 6 May 2026, adding proposition bets, a wager on an individual action, statistic, occurrence or non-occurrence, to the statutory definition of gambling. Litigation over whether federally-regulated prediction markets are exempt from state enforcement continues at the Tenth Circuit in KalshiEX LLC v. Cox, with the state's position strengthened by the court's September 2026 denial of Kalshi's emergency injunction pending appeal. The Attorney General has publicly extended the illegal-gambling characterisation to daily-fantasy-sports and sportsbook-branded prediction products beyond Kalshi alone. No licensing regime exists for any gambling activity, and SB 38 has separately expanded Division of Consumer Protection authority over prize-based promotions and digital platforms, creating a parallel non-criminal enforcement track.