Dueling lawsuits: KY AG sues prediction market companies a week after they sue over taxes

By: Liam Niemeyer

Outlets: Kentucky Lantern

Published: June 17, 2026

Words: 605

Last Updated: 1 month ago

Body Text Preview

Editor’s note: Shortly after the Lantern posted its story on the tax lawsuit by prediction market companies, AG Coleman announced his lawsuit against them.

Republican Kentucky Attorney General Russell Coleman is suing two prominent prediction market companies over allegations that they operate unlicensed and illegal sports gambling operations.

The lawsuits announced filed Wednesday come less than a week after a group representing those prediction market companies Polymarket and Kalshi — where people can …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

About

FAQ

Email Us