Wisconsin News & Prediction Market Coverage
Track the latest Wisconsin news across prediction markets. Prediction News is following 12 active Wisconsin stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
CFTC sues Minnesota to block nation's first felony prediction market ban
LegalWisconsin seeks preliminary injunction to halt Kalshi, Robinhood, and Coinbase event contracts
LegalCFTC charges second individual in a month with insider trading of event contracts
LegalKalshi sues Minnesota to block first US felony ban on prediction markets
LegalWisconsin sues Kalshi, Polymarket, Coinbase, and others over alleged illegal sports betting
LegalRhode Island and Kalshi file dueling lawsuits over sports event contracts
LegalNinth Circuit denies Kalshi and Polymarket bid to halt Nevada, Washington state suits
LegalWisconsin Gov. Evers signs first state ban on prediction market insider trading
LegalWisconsin judge lets Ho-Chunk Nation's IGRA case against Kalshi proceed, dismisses RICO claims
LegalWisconsin tribes lock up sports betting exclusivity as prediction markets close in
LegalCFTC sues Wisconsin to block state crackdown on prediction markets
LegalUS sues Wisconsin to block state lawsuits against Kalshi, Polymarket, four other prediction markets
Frequently Asked Questions
Why is Wisconsin suing Kalshi and Polymarket?
Wisconsin alleges that the platforms' sports-related event contracts constitute illegal sports betting under state law and has filed civil suits seeking to block the activity.
Is prediction market trading legal in Wisconsin?
Wisconsin maintains that sports event contracts offered by platforms like Kalshi and Polymarket violate state gambling laws and has pursued enforcement actions to stop them.
What is the status of the CFTC lawsuit against Wisconsin?
The CFTC sued Wisconsin in April 2026 to reaffirm federal jurisdiction; Wisconsin has moved to dismiss the case.
Has Wisconsin sought an injunction against event contracts?
Yes, Wisconsin's attorney general filed a motion for a preliminary injunction to halt sports event contract trading on Kalshi, Coinbase, and Robinhood while litigation proceeds.
How does Wisconsin's position compare to other states?
Wisconsin's enforcement mirrors actions in states like Minnesota, Rhode Island, and New Mexico, all facing parallel federal preemption challenges from the CFTC and platforms.