Kentucky targets prediction markets, puts red state in potential clash with Trump team
CRYPTOCURRENCY

Kentucky targets prediction markets, puts red state in potential clash with Trump team

1 min read

Kalshi and Polymarket have been sued by Kentucky Attorney General Russell Coleman, who alleges the two prediction‑market platforms are running unlicensed sports‑betting operations in the state. The filing accuses the platforms of operating illegal sportsbooks and seeks injunctive relief to halt the activities.

Legal Claims and State Enforcement

Coleman’s complaint asserts that both firms lack the required gaming license and that their affiliates—including Coinbase, Robinhood and Webull—fail to provide gambling‑addiction resources mandated by Kentucky law. The attorney general emphasizes that the alleged activities breach