FRANKFORT, Ky. — A coalition that includes Kalshi, Crypto.com and Polymarket filed a lawsuit Friday challenging Kentucky’s first-in-the-nation excise tax on prediction markets. The Kentucky General Assembly in April enacted a 14.25% tax on prediction market operators’ transaction fees, a levy the lawsuit says is discriminatory, unconstitutional and preempted by federal law. Prediction markets are … Read more
Rep. Thomas Massie knew from the start of the 119th Congress that his independent streak could cost him his seat. But the Kentucky Republican persisted. He voted against the tax cuts and spending increases in President Donald Trump’s “Big, Beautiful Bill.” He teamed up with a prominent Democrat to push for release of the Epstein … Read more
Gov. Andy Beshear has spent years building a distinct political identity in the reliably red commonwealth of Kentucky by winning statewide as a Democrat even as Republican power has surrounded him. He’s now playing a crucial role that will influence whether there will be others like him around the country. Heading into what could be … Read more