Kentucky Files New Cases Against Prediction Market and Gambling Operators
Kentucky Attorney General Russell Coleman has launched a new legal challenge against several gambling-related companies, filing lawsuits that seek to stop their operations in the state and impose financial penalties. The actions, filed Wednesday in Franklin Circuit Court, target prediction market operators Kalshi and Polymarket as well as VGW, an online gaming company that runs casino-style platforms. The lawsuits arrive less than a week after a coalition representing prediction market operators sued Kentucky over a newly enacted tax on prediction […] The post Kentucky Files New Cases Against Prediction Market and Gambling Operators appeared first on World Casino News.
Kentucky Attorney General Russell Coleman has launched a new legal challenge against several gambling-related companies, filing lawsuits that seek to stop their operations in the state and impose financial penalties. The actions, filed Wednesday in Franklin Circuit Court, target prediction market operators Kalshi and Polymarket as well as VGW, an online gaming company that runs casino-style platforms. The lawsuits arrive less than a week after a coalition representing prediction market operators sued Kentucky over a newly enacted tax on prediction […]
The post Kentucky Files New Cases Against Prediction Market and Gambling Operators appeared first on World Casino News.