Kentucky Tax Battle Heats Up

Kentucky’s new 14.25% tax on prediction markets like Kalshi and Polymarket has ignited a high-stakes legal battle, with companies arguing it’s unconstitutional, discriminatory, and violates federal preemption — claiming it’ll drive users to illegal platforms and harm Kentuckians’ access to safe, regulated betting. The lawsuit, filed in federal court, pits state revenue goals against the future of legal, digital markets — a complex showdown that’s just beginning. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/16958ab552b9a921