Kentucky files lawsuits against prediction market platforms Kalshi and Polymarket
The lawsuits claim prediction market platforms have been offering unlicensed sports gambling in the state while bypassing local regulations.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The lawsuits claim prediction market platforms have been offering unlicensed sports gambling in the state while bypassing local regulations.
Why this matters
Kalshi is showing up inside the Prediction Markets theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The BlockRelated market context
Baltimore sues Kalshi and Polymarket for unlicensed sports betting
The lawsuits could redefine prediction markets' regulatory landscape, potentially imposing state-level gambling compliance burdens...
A $36 billion lawsuit just turned Kalshi’s $40 billion valuation race into a federal market emergency
The Commodity Futures Trading Commission (CFTC) has ordered Kalshi to keep operating after the prediction-market exchange declared...
Baltimore sues Kalshi and Polymarket, roping Coinbase, Robinhood and Webull into the fight
Mayor Brandon Scott and the Baltimore City Council sued Kalshi, Polymarket and major trading platforms over alleged illegal sports...
Solana platform taps prediction market Kalshi for Wall Street-style high-speed data feed
Solana-based DoubleZero looks to meet institutional demands by adding prediction market Kalshi’s order book to its low-latency mar...
MEMX files with SEC to launch prediction contracts tied to corporate earnings
MEMX's move could reshape financial markets by integrating prediction contracts into traditional trading, potentially increasing m...
Kalshi launches sports and crypto perps data feed on DoubleZero
Kalshi launched access to its sports and crypto perpetual data feed through DoubleZero’s dedicated fiber network to bolster instit...