Federal Regulator Orders Kalshi To Keep Michigan Prediction Trades Active
By Dan Whitaker, Casino News Editor
A federal regulator has ordered Kalshi to keep its Michigan prediction trades active, according to Gaming Today. The move comes as the Commodity Futures Trading Commission and the state of Michigan are locked in a legal fight over Kalshi's sports prediction markets.
The order requires Kalshi to keep the Michigan trades active while a 90-day federal review is underway. The review was triggered as the CFTC and Michigan pursue legal action over Kalshi's sports prediction markets.
The development centers on the status of Kalshi's sports prediction offerings in Michigan during the 90-day federal review. The order and review form part of the ongoing legal fight between the CFTC and Michigan over the platform's sports prediction markets.
Player angle: Michigan players should watch this case because the order keeps Kalshi's sports prediction trades active during the 90-day federal review. For the current rankings, see our fast payout casinos guide.
Reported by Gaming Today.