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State v. operator

State of Wisconsin v. Kalshi, Inc.

U.S. District Court for the Western District of Wisconsin (removed from Dane County Circuit Court, No. 26-CV-1284), 3:26-cv-00378

Pending

Remand (filed May 14, 2026), transfer (filed May 19, 2026) and preliminary-injunction (filed June 9, 2026) motions were pending as of late September 2026; no ruling found.

The question

Whether Wisconsin's enforcement suit belongs in federal or state court, and whether Wisconsin gambling law can be applied to the operator's event contracts.

Wisconsin sued several exchanges in Dane County alleging felony gambling violations. The Kalshi defendants removed the case, and the state is seeking both remand and a preliminary injunction.

Docket timeline

  1. Wisconsin moves for a preliminary injunction.

    Source: dockets.justia.com

  2. Robinhood moves to transfer to the E.D. Wis.

    Source: dockets.justia.com

  3. Wisconsin moves to remand.

    Source: dockets.justia.com

  4. Case removed.

    Source: dockets.justia.com

Sources

  1. Justia docket: State of Wisconsin v. Kalshi Inc., W.D. Wis. 3:26-cv-00378
  2. CFTC release 9220-26: CFTC sues Wisconsin (2026-04-28)
  3. Vultax prediction market lawsuit tracker (updated 2026-10-19)

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