On June 30, 2026, a court in Michigan granted a 14-day restraining order against Kalshi, effectively blocking the company from operating its sports prediction markets within the state.
This legal action highlights the ongoing jurisdictional conflict between the Commodity Futures Trading Commission (CFTC) and various state regulators regarding the regulation of prediction market platforms.
As the situation develops, it remains uncertain how this restraining order will impact Kalshi's operations and the broader landscape of sports prediction markets in the U.S.