Michigan News & Prediction Market Coverage
Track the latest Michigan news across prediction markets. Prediction News is following 7 active Michigan stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Connecticut judge limits Kalshi's use of CFTC league deals as evidence
LegalCFTC orders Kalshi to honor Michigan trades despite state court block
LegalMichigan regulator quits NCPG over Kalshi partnership
LegalMichigan judge blocks Kalshi sports bets while Illinois tax fight heads to court
LegalMichigan judge blocks Kalshi sports contracts for 14 days with $120K daily fine threat
OpinionKalshi and CFTC sue Illinois to block prediction market tax as state delays enforcement
LegalMichigan judge denies Polymarket and Robinhood injunction in sports contract case
Frequently Asked Questions
Is Kalshi legal in Michigan?
No. A Michigan circuit court issued a temporary restraining order blocking Kalshi from offering sports event contracts, with daily fines for violations.
Can Michigan residents use Polymarket?
Sports event contracts on Polymarket are blocked from Michigan under state enforcement actions, following a federal judge's denial of an injunction.
What is Michigan doing about prediction markets?
The state attorney general has filed lawsuits and obtained court orders to halt sports-related event contracts on platforms like Kalshi, treating them as unlicensed gambling.
Did Michigan block Kalshi sports bets?
Yes. A June 2026 court order requires Kalshi to geofence Michigan residents from sports event contracts pending further proceedings.
Is there a Kalshi lawsuit in Michigan?
Michigan Attorney General Dana Nessel sued KalshiEX LLC, resulting in a temporary restraining order against offering sports contracts.