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Kentucky Sues Kalshi, Polymarket as Prediction Market Legal Battle Swells

As reported by Decrypt
Kentucky accused America’s top prediction market platforms of running illegal sports betting operations, joining a growing stack of states.
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Kentucky has initiated legal action against prominent prediction market platforms, Kalshi and Polymarket. The state accuses these companies of operating illegal sports betting activities within its borders, contributing to an increasing trend of states challenging such…

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