Kalshi, a major prediction market company, has strongly criticized Wisconsin's 1849 law prohibiting voters from betting on elections they participate in, calling it "voter suppression." The Wisconsin Elections Commission issued the advisory to clarify this longstanding law, which prohibits anyone from wagering on races where they cast a ballot. Commissioner Ann Jacobs expressed confusion at Kalshi employees' intense social media backlash against what she described as routine government guidance. The controversy comes amid growing legal disputes between states and prediction market platforms over regulatory oversight.
Original Article Source Link:
https://www.npr.org/2026/07/27/nx-s1-5905360/kalshi-wisconsin-election-betting-prediction-markets