Michigan Extends Kalshi Sports Contract Ban, Sets $500K Daily Penalty

Kalshi must remain geofenced in Michigan through the end of the case, with the court citing harm to youth, problem gambling, state revenue and tribal interests. A Michigan judge has granted a preliminary injunction blocking Kalshi from offering sports event contracts in the state, finding that its operations threaten state gaming revenue, consumer protections and […] The post Michigan Extends Kalshi Sports Contract Ban, Sets $500K Daily Penalty appeared first on Gambling Insider.

Source: Gambling Insider →

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