A Michigan Judge blocked Kalshi from offering sports betting contracts to residents, making it the second US state to enact a court-ordered ban on the platform.

Illinois now a key battleground in fight over prediction market sports bets.

A Michigan federal judge remanded the Kalshi sports betting lawsuit to state court, signaling serious regulatory risks for prediction market platforms

Jurisdiction over prediction market platforms is an ongoing dispute between the CFTC and multiple state regulators.

A Michigan Judge blocked Kalshi from offering sports betting contracts to residents, making it the second US state to enact a court-ordered ban on the platform.

A Michigan judge granted a restraining order preventing the prediction market from offering sports-related wagers for the next 14 days.

The Commonwealth of Massachusetts will continues its case against prediction markets platform Kalshi in state court after a judge allowed an amended complaint with new allegations.