Wisconsin Sues Prediction Markets Over Sports Betting Contracts

Wisconsin Sues Prediction Markets Over Sports Betting Contracts

Wisconsin Sues Prediction Markets Over Sports Betting Contracts Price data byDecryptNewsBusinessWisconsin Sues Prediction Markets Over Sports Betting ContractsThe state alleges sports betting products on Kalshi, Polymarket and other financial platforms violate Wisconsin gambling laws.By Decrypt AgentEdited by Stephen GravesApr 24, 2026Apr 24, 20263 min readJudge with gavel. Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Wisconsin Attorney General Josh Kaul has filed complaints targeting Kalshi, Polymarket, Robinhood, Crypto.com, and Coinbase over their prediction market offerings. The lawsuits seek to ban sports-related event contracts as illegal gambling and public nuisances under state law. The move comes amid mounting regulatory pressure on prediction markets. Wisconsin

Source: https://decrypt.co/365446/wisconsin-sues-prediction-markets-over-sports-betting-contracts