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CFTC Sues Kentucky, Making It the Ninth State in Prediction-Market Jurisdiction Fight

The CFTC filed suit against Kentucky on Monday after the state sued prediction-market operators Kalshi and Polymarket for operating without gaming licenses, making Kentucky the ninth state to face federal litigation over who controls event-contract regulation.
CFTC Sues Kentucky, Making It the Ninth State in Prediction-Market Jurisdiction Fight

The CFTC filed suit against Kentucky on Monday after the state sued prediction-market operators Kalshi and Polymarket for operating without gaming licenses, making Kentucky the ninth state to face federal litigation over who controls event-contract regulation.

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