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Michigan court orders Kalshi to keep blocking sports prediction markets

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Polymarket, Polymarket US and Kalshi Monthly Volume ( The Block )

A Michigan state court has issued a preliminary injunction requiring Kalshi to continue blocking state residents from accessing sports-related event contracts.

Key facts

Summary

Ingham County Circuit Court Judge Rosemarie E. The injunction requires the prediction markets platform to use a third-party geolocation services provider licensed by the state's gaming regulator to comply with geofencing specifications. The Michigan state filed the lawsuit against Kalshi in March, arguing that the company violated the state's sports betting law by enabling Michigan residents to "engage in sports betting under the guise of trading event contracts. The preliminary injunction converted an earlier temporary restraining order issued in June.

Read full article at The Block →