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Michigan blocks Kalshi sports bets as Supreme Court fight nears
Sep 4, 2026
< 1 min read
by Ashish Kumar
for CryptoPolitan
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A Michigan judge ordered prediction market company Kalshi to remove sports event-based contracts from the state and threatened penalties of up to $500,000 per day for noncompliance after signing a temporary restraining order. The ruling raises regulatory pressure on Kalshi amid legal challenges from more than a dozen states, creating risks to market access, adoption and business continuity for this crypto-related prediction market.
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A Michigan judge has instructed prediction market company Kalshi to remove from the state any sports event-based contract, imposing a penalty of up to $500,000 per day for noncompliance, increasing the pressure on a company facing legal challenges from over a dozen states. Ingham County Circuit Court Judge Rosemarie E. Aquilina signed the temporary restraining...
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