Kentucky’s Record Powerball Winner Faces New Legal Trouble
James Farthing, the Kentucky man who made headlines after winning the state’s largest-ever Powerball jackpot, seems to have no rest.
Kentucky
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States' Influence on Future DFS 2.0 Regulation
When Illinois and Kentucky enacted new wide-ranging gambling legislation this summer, it was their respective prediction market tax ideas that stole the headlines. But they also laid down new rules for daily fantasy sports (DFS) regulation that could pave the way for others to follow, including a co
MLBPA Pushes for Ban on Prop Contracts in Prediction Markets
The Commodity Futures Trading Commission (CFTC) sued Kentucky, Kalshi sued Illinois for similar reasons, and DraftKings finally launched its own prediction markets exchange, and so much more happened this week.
CFTC Sues Kentucky in Legal Battle Against States
The US markets regulator, the Commodity Futures Trading Commission (CFTC), has served a ninth state with legal papers as it looks to stop Kentucky’s efforts to regulate prediction markets.
CFTC Sues Kentucky to Halt State's Prediction Markets Crackdown
The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Kentucky on Tuesday in a bid to block the Republican state from trying to tax and restrict prediction markets via a new state law.
Kentucky Attorney General Files Lawsuits Against Kalshi, Polymarket,
Kentucky Attorney General Russell Coleman has filed three lawsuits targeting alleged illegal sports betting and online gambling operations in the state.
Kentucky Attorney General Files Lawsuits Against Kalshi, Polymarket,
Days after being sued by a prediction markets coalition, Kentucky's attorney general launched three new lawsuits targeting 'illegal sports betting and gambling' by Kalshi, Polymarket, and VGW.
Prediction Market Giants Unite in Lawsuit Against Kentucky Tax
A coalition of leading prediction market operators has sued Kentucky officials over the state’s plan to begin taxing event contracts.
Kentucky Faces Legal Challenge Over 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.
Kalshi Faces New Lawsuits in New Mexico and Kentucky
Kalshi’s legal team continues to have a heavy workload as the prediction market’s proceedings expand with new lawsuits in New Mexico and Kentucky.
Kentucky Legislature Overrides Veto on Sports Betting Changes
The Kentucky Legislature overrides Gov. Andy Beshear’s veto of a bill, bringing significant changes to the sports betting scene in the Bluegrass State.