Wisconsin Sues Kalshi, Polymarket and Crypto.com Over Sports Event Contracts
Key Takeaways ▸ State additionally names Robinhood and Coinbase in Kalshi case, looking for injunctions and forfeitures because it argues prediction markets perform as unlawful sports activities betting. ▸ Wisconsin says sports activities occasion contracts are “indistinguishable from an extraordinary sports activities guess,” underpinning its declare that prediction markets violate state playing regulation. ▸ The…