The Michigan Gaming Control Board has issued a formal response to a temporary restraining order filed against prediction market platform Kalshi. The regulatory statement outlines the board’s position on the legal challenge concerning Kalshi’s operating status in the state.
Regulatory Review Process
The restraining order was submitted to limit Kalshi’s activities while the legal dispute proceeds. Michigan gaming regulators reviewed the filing and confirmed that the board is monitoring the situation in accordance with state gaming statutes. Official communications indicate that the agency will continue to assess compliance requirements for all market participants under current licensing frameworks.Earlier this year, Kalshi expanded its prediction market offerings to several U.S. states. The company continues to engage with state regulators while the court reviews the temporary order.