Kentucky has become the latest state to sue prediction market players like Kalshi and Polymarket, accusing them of operating illegal sportsbooks.
Kentucky has become the latest state to sue prediction market players like Kalshi and Polymarket, accusing them of operating illegal sportsbooks.
Kentucky Attorney General Russell Coleman has accused Kalshi and Polymarket of using false and misleading advertisements that imply authorization to offer sports wagering services in the state. The state joins others in taking legal action against these prediction market platforms for allegedly breaching laws related to sports betting.
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