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Policy
CFTC Launches Lawsuit Against Wisconsin in Ongoing Battle for Prediction Markets Oversight
The Commodity Futures Trading Commission has added Wisconsin to the list of states it is taking to court, as part of its efforts to assert jurisdiction over prediction markets operated by companies such as Kalshi and Crypto.com. Several US states have cracked down on these businesses, alleging that they are violating state gaming laws through the betting activities on their platforms. However, …
April 28, 2026, 6:22 p.m.
Policy
CFTC Takes Legal Action Against Wisconsin in Ongoing Battle for Authority Over Prediction Markets
The US state of Wisconsin has become the latest to be sued by the Commodity Futures Trading Commission, as the agency continues to assert its authority over prediction markets operated by firms such as Kalshi and Crypto.com. This move is a response to several states, including Wisconsin, attempting to enforce their gaming laws against these companies, claiming they are engaging in unauthorized …
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Body Takes Wisconsin to Court Over Dispute on Prediction Market Oversight
The US state of Wisconsin has become the latest to be sued by the Commodity Futures Trading Commission, which is engaged in a legal campaign to establish its jurisdiction over prediction markets operated by firms like Kalshi and Crypto.com. A number of states have taken action against these companies, alleging breaches of local gaming laws due to betting activities on their expanding platforms.…
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Agency Takes Wisconsin to Court Over Prediction Market Oversight
The US Commodity Futures Trading Commission has added Wisconsin to its list of defendants in a series of lawsuits aimed at establishing the agency's jurisdiction over prediction markets. This move comes as several states, including New York, have attempted to crack down on companies such as Kalshi and Crypto.com for allegedly violating state gaming laws. CFTC Chairman Mike Selig has been leading …
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Body Takes Wisconsin to Court Over Prediction Market Dispute
The US Commodity Futures Trading Commission has expanded its legal campaign to assert its authority over prediction markets by suing Wisconsin, which recently joined the ranks of states taking action against firms like Kalshi and Crypto.com for allegedly violating state gaming laws through their trading activities. Several states, including New York, Arizona, Illinois, and Connecticut, have tar…
April 28, 2026, 6:22 p.m.
Policy
US Regulator Takes Wisconsin to Court Over Prediction Markets Oversight
The US Commodity Futures Trading Commission has added Wisconsin to its list of defendants in a series of lawsuits aimed at asserting its jurisdiction over prediction markets. This move is part of a broader effort by the agency to defend its regulatory authority against state-level challenges. Wisconsin recently joined several other states, including New York, Arizona, Illinois, and Connecticut, i…
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Agency Takes Wisconsin to Court Over Prediction Markets Oversight
The US state of Wisconsin has become the latest to be sued by the Commodity Futures Trading Commission in an ongoing dispute over jurisdiction of prediction markets. This move follows similar actions against other states, including New York, as the CFTC seeks to establish its authority over the trading of event contracts. The dispute centers around the regulation of firms such as Kalshi and Cry…
April 28, 2026, 6:22 p.m.
Policy
US Regulator Takes Wisconsin to Court Over Prediction Market Dispute
The Commodity Futures Trading Commission has launched a lawsuit against Wisconsin, marking the latest development in the agency's efforts to assert its authority over prediction markets. This move comes as several states, including Wisconsin, have attempted to crack down on companies such as Kalshi and Crypto.com, accusing them of violating state gaming laws. However, CFTC Chairman Mike Selig has…
April 28, 2026, 6:22 p.m.
Policy
CFTC Takes Wisconsin to Court in Ongoing Battle for Control of Prediction Markets
The Commodity Futures Trading Commission has added Wisconsin to its list of states being sued for challenging its jurisdiction over prediction markets, which are operated by firms such as Kalshi and Crypto.com. Several states, including New York, Arizona, Illinois, and Connecticut, have attempted to regulate these platforms under state gaming laws, but CFTC Chairman Mike Selig has led a counter-e…
April 28, 2026, 6:22 p.m.
Policy
CFTC Takes Wisconsin to Court in Ongoing Battle for Control Over Prediction Markets
Wisconsin is the latest US state to be sued by the Commodity Futures Trading Commission in its bid to establish jurisdiction over prediction markets operated by firms such as Kalshi and Crypto.com. Several states, including New York, have pursued these businesses for allegedly breaching state gaming laws through betting activities on their platforms. However, CFTC Chairman Mike Selig has spear…
April 28, 2026, 6:22 p.m.