Prediction Market Operators Unite to Sue Kentucky Over Tax
A coalition of leading prediction market operators has sued Kentucky officials over the state’s plan to begin taxing event contracts.
Coalition for Fair Markets
Legal Challenge Against Kentucky's New Prediction Markets Tax
A coalition of prediction market operators, including Kalshi, Crypto.com and Polymarket, has sued Kentucky over a newly enacted tax on prediction market transactions, arguing that the levy is discriminatory and conflicts with federal law.