Kaul sues prediction markets, accuses them of facilitating illegal betting
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AG Josh Kaul announced the state is suing a group of prediction markets, alleging they’ve facilitated illegal sports betting in Wisconsin.
The trio of lawsuits filed yesterday in Dane County court against Kalshi, Robinhood, Coinbase, Polymarket, Crypto.com and their affiliates seeks to stop their use of “event contracts” allowing Wisconsin users to bet on the outcome of sporting events. Kaul...
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