Prediction Markets Heatmap

Kentucky enacted HB 757 (Acts Ch. 161) in April 2026, adding a 14.25% excise tax on prediction market transaction fees under KRS Chapter 138, with the rule taking effect January 1, 2027.

• Kentucky has a prediction market excise tax on the books — it was passed and signed in spring 2026 — but it does not take effect until January 1, 2027. Until that date, the rule exists as law but carries no active enforcement posture. The tax targets prediction market operators directly, not individual users: it is an excise on transaction fees the platform collects. Whether and how operators pass that cost along to users is a business decision, not something the statute specifies. This is a revenue measure, not a consumer-protection or age-verification rule. Based on public records, HB 757 does not include provisions about minors' access to prediction markets — it addresses how the state taxes the industry.

• Open the full enrolled bill text on the Kentucky Legislature site (the link on this card goes to the official bill record) and locate the new KRS Chapter 138 section on predictive markets to confirm the final enacted rate and any definitional carve-outs. If you want to know whether any legal challenge has been filed since enactment, the Kentucky Court of Justice case search at courts.ky.gov is the direct path.