
A temporary restraining order bars Kalshi from offering sports-event prediction markets to Michigan residents and threatens daily fines for failing to enforce geolocation limits.
A Michigan judge on Monday barred Kalshi from allowing Michigan residents to make financial predictions on sports events, escalating the clash between state gambling enforcement and federally regulated prediction markets. Ingham County Circuit Court Judge Rosemarie Aquilina issued a temporary restraining order at the request of Democratic Michigan Attorney General Dana Nessel. The order carries fines of $120,000 per day if Kalshi fails to comply with geolocation restrictions. Michigan is the second state after Nevada to secure a court injunction against Kalshi, while a similar order in Massachusetts is paused pending appeal. The move adds a concrete enforcement step to the broader legal friction facing event-contract platforms as states challenge products they view as crossing into sports betting.