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Kentucky House advances bill to raise sports betting age to 21

Regulation

The Kentucky House of Representatives approved a bill to raise the sports betting age to 21 and prohibit certain collegiate athlete proposition bets, voting 79-15. The proposal would also require daily fantasy sports licences, permit fixed-odds betting at horse tracks and bar local gambling businesses from operating prediction markets; it still requires Senate approval.

The proposal could change eligibility, product permissions and licensing obligations for Kentucky gambling businesses.

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Regulation

Kentucky sues Kalshi and Polymarket over sports event contracts

Kentucky Attorney General Russell Coleman announced that the state had sued Kalshi and Polymarket, alleging they offer sports-related event contracts without the licences required for gambling operators. The state also named Coinbase, Robinhood and Webull, while Polymarket said the action conflicts with the federal regulatory framework for prediction markets.

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