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Michigan court orders Kalshi to keep blocking sports prediction markets

The Block·September 3, 2026·1 min read
Michigan court orders Kalshi to keep blocking sports prediction markets

A Michigan court ordered Kalshi to keep blocking sports prediction markets, converting a June temporary restraining order into an injunction. Violations would cost $500,000 per day. Kalshi, a regulated exchange, faces ongoing legal hurdles in offering event contracts tied to sports outcomes.

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