Key Takeaways Judge Shelby granted Utah summary judgment and denied Kalshi’s preliminary injunction. Online gambling in Utah is a third-degree felony under the state’s constitutional ban. New York cited the ruling as supplemental authority within a day of its release. Shelby Finds Multiple Readings of the CEA, Disfavors Preemption U.S. District Judge Robert J. Shelby ruled Tuesday that the Commodity Exchange Act does not shield Kalshi from Utah’s anti-gambling laws, granting the state summary judgment and denying the exchange’s motion for a preliminary injunction. “The court concludes the federal law relied upon by Kalshi does not preempt Utah’s ability to …