Tag: kentucky
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Kentucky AG Sues Kalshi, Polymarket, Coinbase, VGW
Kentucky Attorney General Russell Coleman has filed three lawsuits against companies accused of offering illegal gambling products in the state. The lawsuits target prediction market platforms Kalshi and Polymarket, Kalshi affiliates, including Coinbase, and VGW, the company behind sweepstakes casino brands such as Chumba Casino, Global Poker, and LuckyLand Slots. The lawsuits were filed in…
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Kentucky Derby Owner Warns Prediction Markets Over Illegal Bets
The Kentucky Derby owner has warned prediction markets not to take bets on May’s race. In an earnings call on Thursday, Churchill Downs CEO Bill Carstanjen said that his company has not given any prediction market permission to facilitate gambling on the Kentucky Derby. In 2025, Polymarket, a leading prediction market, had around $1.2 million…
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