Michigan AG secures injunction against Kalshi's sports contracts
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Michigan Attorney General Dana Nessel has secured a preliminary injunction against Kalshi, barring the prediction market company from offering sports contracts in Michigan. The order requires Kalshi to maintain geofencing that prevents Michigan residents and anyone within the state from accessing i…
Michigan Attorney General Dana Nessel has secured a preliminary injunction against Kalshi, barring the prediction market company from offering sports contracts in Michigan. The order requires Kalshi to maintain geofencing that prevents Michigan residents and anyone within the state from accessing its sports contracts. Violating the order could result in a $500,000 daily fine. “Kalshi long attempted...