Kalshi’s legal battle with the Michigan Attorney General will end up in the Supreme Court, says a corporate lawyer, after a judge hit the prediction market player with a temporary restraining order.
Ingham County Circuit Court Judge Rosemarie Aquilina ruled in favor of Michigan AG Dana Nessel in a hearing on June 29.
The decision to ban Kalshi's sports contracts has escalated the legal dispute, with the prediction market firm now facing a prolonged court battle.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
England vs. Argentina kicks off in the World Cup Semifinals at 3 p.m. ET on FOX from Mercedes-Benz Stadium in Atlanta, Georgia.
