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Woofun AI reports that the Wisconsin Election Commission issued a statewide notice stating residents who purchase election-related contracts on platforms like Kalshi or Polymarket may lose eligibility to vote in those specific elections. The commission unanimously approved a legal memorandum on July 9, clarifying that voting while knowing one is disqualified constitutes a Class I felony. These restrictions apply only to the election in question and do not affect rights in unrelated contests.
Benjamin Freeman, head of Kalshi’s election division, described the guidelines as "clearly unconstitutional and illegal," noting the company has hundreds of thousands of users in Wisconsin. Robert DeNault, head of compliance and legal affairs at Kalshi, asserted that CFTC-certified markets on federally regulated exchanges are legal. A Polymarket spokesperson stated the company will address the commission’s claims through proper legal channels, with both firms arguing their products are financial contracts rather than gambling.