Wisconsin sues five prediction-market companies over alleged sports betting
Wisconsin Attorney General Josh Kaul and the state Department of Justice sued Kalshi, Polymarket, Crypto.com, Robinhood and Coinbase in state court, seeking preliminary and permanent injunctions to stop their activity in Wisconsin. The state alleges the platforms facilitate sports betting; the companies' responses are not stated.
The requested injunctions could stop five prediction-market companies from operating in Wisconsin.