A coalition of leading prediction market operators has sued Kentucky officials over the state’s plan to begin taxing event contracts.
A coalition of leading prediction market operators has sued Kentucky officials over the state’s plan to begin taxing event contracts.
The Coalition for Fair Markets filed a lawsuit in Franklin Circuit Court to block Kentucky from imposing a 14.25% tax on prediction market transaction fees. This legal action comes as a response to the state's unprecedented tax proposal on event contracts.
Georgia has unveiled draft legislation that would introduce a new licensing category for international online gambling operators.
The Las Vegas ballpark is progressing swiftly, with the Athletics' future home on track for a 2028 opening.
Spanish betting companies and customers are going to be subject to a new deposit limits system after a Royal Decree was approved by the government this week.