Derek Brown

Sarti Rosa, an Italian aperitif mixing blood orange, mango, and passion fruit, has made its United States debut after previously being available only in Europe. It is generating significant hype as a potential rival to popular cocktails like Aperol and Hugo spritz, appealing to consumers due to its vibrant pink color and limited availability. However, experts caution that despite the social media buzz, gaining popularity will require time for bars and consumers to learn about it.

A federal judge ruled that Utah can enforce its anti-gambling laws on prediction markets such as Kalshi, rejecting the company's request to block state restrictions. The ruling affirmed that Utah's ability to regulate these platforms under state law, which bans proposition betting in sports, is not prevented by existing federal law. Although Kalshi plans to appeal, the decision represents a victory for states attempting to curb the popularity of prediction markets.

A federal judge rejected Kalshi’s request, ruling that Utah can enforce its anti-gambling laws on prediction markets like Kalshi and Polymarket. The decision addresses the ongoing conflict between states and the federal government over whether these betting platforms fall under finance regulation or state gambling law. State law in Utah already bans proposition betting, a key source of revenue for leading prediction markets.

A federal judge ruled that Utah can enforce its strict anti-gambling laws on prediction markets like Kalshi and Polymarket, rejecting a request from Kalshi to block the restrictions. The ruling allows state law banning proposition betting, which is a key revenue source for these platforms, to remain in effect despite ongoing legal battles over regulation.

A federal judge in Utah ruled that federal law does not block the state from enforcing anti-gambling laws against prediction market platform Kalshi. Kalshi argued protection under the Commodity Exchange Act, but the court agreed with Utah, leading the company to plan an appeal.