By The Weekly Edge desk ·
A Michigan court issued a preliminary injunction directing Kalshi to stop offering sports contracts to users in the state, Focus Gaming News reported. The order requires Kalshi to restrict Michigan users’ access to those contracts.
The preliminary injunction requires Kalshi to restrict Michigan users’ access to sports contracts.
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The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
Four additional tribal agreements give tribes app ownership and customer management while Kalshi supplies exchange services.
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
The agreements give Kalshi advertising exposure and fan engagement opportunities across five MLB teams.
The partnerships create commercial opportunities for tribal operators while legal disputes over sports event contracts remain unresolved.
The case could affect whether states can regulate sports prediction markets and the safeguards operators face.