On July 29, 2026, U.S. District Judge William Griesbach denied the CFTC’s request for a preliminary injunction against Wisconsin. The regulator wanted the court to stop the state from enforcing its gambling laws against prediction platforms offering sports event contracts. The CFTC argued that federally regulated prediction markets fall under its exclusive jurisdiction. However, the court rejected that argument at this stage, finding that registration with the CFTC does not automatically shield these platforms from state gambling laws.