Ludlow Exchange LLC (Novig) v. Kaul

Answered; pretrial schedule set7th Cir.Platform v. State

Docket last checked November 8, 2026. Snapshot — not legal advice.

As of November 8, 2026, the legality of prediction markets in Wisconsin is unresolved — litigation is ongoing with no final ruling yet. Wisconsin status and cases →

Overview

The fifth and last of Novig’s August 2026 filings, and the boldest of them: Wisconsin is the one state where a federal judge has already rejected this exact preemption argument. Judge Griesbach denied the United States and the CFTC a preliminary injunction there in July 2026, and that ruling is on appeal to the Seventh Circuit. Novig sued the Attorney General and the Division of Gaming administrator anyway, in the Western District — a different district from the CFTC’s Eastern District case, so a different judge. It was randomly reassigned in September to Judge William M. Conley, who also has Wisconsin’s own case against Kalshi and the Ho-Chunk Nation’s case. The defendants answered in September; no ruling.

Changes

September 2026

  • Correction

    Novig’s Wisconsin case is before District Judge William M. Conley, not Magistrate Judge Boor alone; it was reassigned to him on September 10. The October 20 pretrial conference produced a scheduling order.

    Docket, W.D. Wis. No. 3:26-cv-00761
  • Filing

    Wisconsin answered Novig’s complaint rather than moving to dismiss, and a pretrial conference is set for October 20.

    CourtListener — 3:26-cv-00761

Timeline

August 2026

Novig sues Wisconsin’s Attorney General and Division of Gaming administrator in the Western District of Wisconsin.

September 10, 2026

The case is randomly reassigned to Judge William M. Conley; the defendants answer, and the court sets a preliminary pretrial conference for October 20.

October 20, 2026

Preliminary pretrial conference held; the court issues its pretrial conference order.

What's next: The Attorney General and the gaming administrator answered on September 10, 2026 rather than moving to dismiss. After the parties’ Rule 26(f) report (October 13), Magistrate Judge Boor held the preliminary pretrial conference on October 20 and issued a pretrial conference order setting the schedule; its dates are not on the public docket. The case sits before Judge Conley. Whatever the Seventh Circuit does in Nos. 26-2636/2675/2696 will bear heavily on it.

Parties

Plaintiffs

  • Ludlow Exchange, LLC d/b/a Novig

Defendants

  • Joshua L. Kaul (Wisconsin Attorney General)
  • John Dillett (Administrator, Wisconsin Division of Gaming)
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