Polymarket shuts down sports in Michigan, following Kalshi, Robinhood, Coinbase
Photo: SBC Americas
KEY TAKEAWAYS Polymarket US agreed to stop offering new sports event contracts in Michigan and close open positions by Nov. 25 under a federal court-approved stipulation. Michigan now has agreements or court orders halting sports contracts from Kalshi, Robinhood, Coinbase and Polymarket. The deals pause the fight rather than settle it, with the Sixth Circuit and a pending Supreme Court petition set to decide who regulates sports event contracts. Polymarket this week became the fourth prediction market platform to shut off sports contracts in Michigan .
Source: SBC Americas
