Key facts
- A Michigan judge issued a 14-day temporary restraining order blocking Kalshi from offering sports prediction markets.
- The order was requested by Michigan Attorney General Dana Nessel, who alleges Kalshi violates state gaming laws.
A Michigan judge has issued a 14-day temporary restraining order blocking Kalshi from offering sports prediction markets in the state, citing potential irreparable harm, especially to young users. The ruling is part of a broader national debate over whether prediction markets constitute illegal gambling.

The ruling highlights the ongoing legal and regulatory battles over prediction markets, with state regulators increasingly challenging platforms like Kalshi, viewing them as unregulated gambling operations that could exploit consumers, especially younger individuals.
A Michigan judge has temporarily blocked Kalshi, a sports prediction market operator, from offering its services in the state for 14 days. The ruling, issued by Ingham County Circuit Court Judge Rosemarie Aquilina, came at the request of Michigan Attorney General Dana Nessel, who argues that Kalshi's operations violate state gaming laws and constitute illegal gambling. The court found that the state, particularly its youth, could suffer irreparable harm if Kalshi continued to operate its sports betting markets while the case proceeds. Kalshi has since blocked Michigan users from accessing sports-related wagers and stated its disagreement with the ruling, vowing to fight the case in court. This action is part of a larger national debate concerning the regulatory status of prediction markets.
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