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.
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