Wisconsin Sues Prediction Markets Over Sports Betting Contracts

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 Attorney General Josh Kaul has…

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