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Kentucky Sues Kalshi and Polymarket, Escalating Regulatory Dispute Over Prediction Markets

Source: www.coindesk.com Event types: Online/Update Regulation/Compliance
According to CoinDesk, the Kentucky Attorney General has filed a lawsuit against prediction market platforms Kalshi and Polymarket, accusing them of offering illegal sports betting services without proper licensing in the state. The complaint also alleges that the relevant platforms and their partners failed to provide gambling addiction support resources as required by state law.

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