Kalshi hit with temporary Michigan ban over sports event contracts
Covered by 4 sources · 4 articles
4 outlets - including Decrypt, Cryptodnes and Crypto-economy and 1 more - are covering this story. A Michigan judge granted a restraining order preventing the prediction market from offering sports-related wagers for the next 14 days.
All coverage
Kalshi Sports Markets Banned in Michigan as Temporary Blackout Takes Effect
A Michigan judge granted a restraining order preventing the prediction market from offering sports-related wagers for the next 14 days.
Michigan Blocks Kalshi Sports Contracts in Regulatory Fight
A Michigan judge has issued a temporary restraining order against Kalshi, halting its sports betting contracts and imposing potential $120,000 daily fines. The post Michigan Blocks Kalshi Sports Contracts in Regulatory Fight appeared first…
Michigan Court Blocks Kalshi From Offering Sports-Related Event Contracts
TL;DR A Michigan judge issued a 14-day restraining order blocking Kalshi from offering sports-related event contracts to residents until July 13. The order threatens $120,000 in daily fines if Kalshi fails to comply with geolocation require…
Kalshi hit with temporary Michigan ban over sports event contracts
A Michigan court has temporarily barred Kalshi from offering sports event contracts to residents of the state, escalating the legal fight over federally regulated prediction markets. According to a Monday court filing, Ingham County Circuit…