CFTC Sues Kentucky To Shield Kalshi And Polymarket Event Contracts
The CFTC has sued Kentucky regulators in federal court as the battle over prediction markets and state gambling laws intensifies.
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The CFTC has sued Kentucky regulators in federal court as the battle over prediction markets and state gambling laws intensifies.
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The Commodity Futures Trading Commission (CFTC) sued Kentucky in federal court on June 23 to block the state’s crackdown on Kalshi and Polymarket – its ninth such suit since April, and the first against a state with a Republican attorney general. The first red state in the crosshairs The Commodity Futures Trading Commission filed a […]
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.
The CFTC sued Kentucky on June 23, 2026, challenging its 14.25% excise tax and state lawsuits targeting Kalshi, Polymarket, and Robinhood as unlicensed gambling operators. The post Kentucky’s Prediction Market Crackdown Faces Federal Lawsuit and Preemption Fight appeared first on 99Bitcoins.
CFTC Kentucky Lawsuit Extends Federal-State Fight Over Prediction Markets TL;DR The CFTC is reportedly challenging Kentucky’s approach to prediction-
CFTC sues Kentucky to block state action against Kalshi, Polymarket and partners as prediction market oversight battle widens in U.S. courts
The Commodity Futures Trading Commission has sued Kentucky, now the ninth state the regulator is battling in its fight over prediction markets.