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Kentucky vs Kalshi Over Prediction Markets | Bowling Green News
Kentucky’s Attorney General is suing Kalshi over its prediction market platform, claiming it operates an unlicensed sportsbook under state gambling laws. Kalshi counters that it’s merely a neutral exchange—no odds-setting or profit from losses—and seeks a tax model based on transaction fees, like North Carolina’s. The case has escalated into a federal showdown, as the CFTC argues federal law governs these markets, challenging Kentucky’s jurisdiction. Courts are still undecided on whether sports prediction contracts can legally operate in the state. Listen in comfort:Get a discount on a Soli…
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