Michigan Judge Orders Kalshi to Stop Sports Betting, Imposes $500K Daily Fine

According to Michigan Attorney General Dana Nessel, on September 2, Ingham County Circuit Judge Rosemarie Aquilina ordered Kalshi to stop offering sports wagers in Michigan and to pay $500,000 for each day it fails to geofence state residents. The injunction bars Kalshi from accepting deposits, advertising, or allowing account creation by Michigan residents, and requires the exchange to use a third-party geolocation provider licensed by the Michigan Gaming Control Board within three business days. The order covers products functionally similar to sports betting, including parlays and proposition bets, and remains in effect until final judgment.
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