Finance
Michigan court orders Kalshi to maintain geofencing for sports event contracts
Sep 2, 2026 17:46:57
A Michigan state court entered a preliminary injunction requiring Kalshi to maintain geofencing that blocks users within Michigan's borders from accessing its sports event contracts. Violations of the order would result in a $500,000 per day fine.
Forces Kalshi to wall off a major state for sports contracts, creating a compliance template other states could copy and raising operational costs for geographically fragmented market access.
Source: PREDICTION_NEWS
