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Kentucky sues Kalshi and Polymarket over sports betting contracts, BitRss reports
- Kentucky sues Kalshi and Polymarket over sports betting contracts, BitRss reports — Kentucky filed lawsuits against Polymarket and Kalshi and named Kalshi partners Coinbase, Robinhood and Webull, alleging the platforms operate sports wagering in the state without required authorization. The complaints add to state challenges arguing sports event contracts are gambling, while operators argue they fall under CFTC jurisdiction. (BitRss)
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