government intervention

Kentucky's potentially landmark fixed-odds bill has been voted out the state House with an easy 79-15 margin and now heads to the state Senate. Some of the key elements in the revised version this sweeping bill include a new mandate establishing a minimum amount of at least $1,000 that a bettor can win through fixed-odds wagering, language to essentially decouple wagering providers from the prediction market (which is the ability for bettors to make speculative bets on the outcomes of future events), and language barring a cap being placed on...