Wisconsin Court Rejects CFTC Injunction Bid on State Sports Betting Enforcement

Eastern District of Wisconsin denies CFTC request to block state enforcement of sports betting contracts, citing failure to prove likelihood of success or irreparable harm.

Woofun AI reports that the U.S. District Court for the Eastern District of Wisconsin denied the Commodity Futures Trading Commission’s application for a preliminary injunction. The court ruled that the CFTC did not demonstrate a likelihood of success on the merits, noting that sports betting contracts may not qualify as "swaps" under the Commodity Exchange Act and that federal law does not explicitly preempt state regulation.

Additionally, the judge found no evidence of irreparable harm or a favorable balance of interests. The litigation proceeds beyond this procedural ruling.