Wisconsin Gov. Tony Evers has signed an executive order prohibiting state employees from using confidential government information to profit through prediction markets and betting activity.
Executive Order #294 targets prediction market contracts, where users place wagers tied to elections, sports, government decisions, and similar events. The order bars state workers from using or sharing nonpublic information gained through their jobs to generate personal profits, prevent losses, or assist relatives and associates.
The governor’s office said the measure aims to strengthen transparency, accountability, and integrity within state government as prediction-based wagering platforms expand across the United States.
“State workers in Wisconsin work hard every day in dedicated service of the people of our state, often going above and beyond their job description and daily responsibilities to support Wisconsinites and our communities and meet their needs,” Evers said. “Maintaining public trust and confidence in our state government demands and depends upon transparency, accountability, and integrity, and upholding the fundamental tenet of public service that, above all, the work must be for the benefit of the public good and not for personal greed or gain. That is a commitment we take seriously, and we must continue to do so.”
Wisconsin Joins Other States on Restrictions
Officials said no incidents involving Wisconsin employees improperly using insider information have been identified. The order responds to broader national concerns surrounding prediction markets and the use of sensitive information for wagering purposes.
The governor’s office pointed to a recent federal case involving a US special forces soldier accused of using classified information to earn more than $400,000 through an online betting platform.
Wisconsin joins Illinois, New York, Maryland, and California in introducing restrictions tied to prediction markets. The US Senate has also approved rules preventing senators from trading on prediction markets.
Ho-Chunk Nation Case Moves Forward
The executive order comes amid wider disputes involving online betting and tribal gaming oversight in Wisconsin.
Last week, the US District Court for the Western District of Wisconsinallowed the Ho-Chunk Nation’s claims under the Indian Gaming Regulatory Act (IGRA) against Kalshi to proceed. The tribe argued that Kalshi’s online sports event contracts amount to unauthorized Class III gaming on tribal lands.
“The Ho-Chunk Nation has consistently maintained that tribal governments retain the sovereign authority to regulate gaming within our jurisdiction,” said Jon Greendeer, president of the Ho-Chunk Nation. “This decision confirms that tribal sovereignty and IGRA protections do not disappear simply because private entities attempt to rebrand gambling. We have followed the rules at every step and will continue to defend our exclusive rights to operate gaming under the IGRA.”
The court also rejected arguments claiming federal commodities laws overridetribal gaming authority under IGRA.
“This case is larger than one tribe or one company,” continued Greendeer. “It concerns the future of tribal regulatory authority in the digital age and the continued strength of IGRA as a cornerstone of tribal self-governance and economic self-determination.”
Source:
“Evers signs order banning state workers from using insider information to profit”, wkow.com, May 14, 2026
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