RegulationGambling Insider · 7h ago
CFTC Sues Kentucky, Kalshi Challenges Illinois After States Move Against Prediction Markets
By Chavdar Vasilev•June 24, 2026
The brief
The filings target the states’ recently enacted measures to tax certain prediction market contracts. The Commodity Futures Trading Commission (CFTC) sued Kentucky on Monday following the state’s recent enforcement actions against Kalshi and Polymarket. Separately, Kalshi filed suit against Illinois after lawmakers ena…
Original report
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