Michigan Gaming Control Board approves fixed-odds horse-racing wagers online
Operators in Michigan’s regulated online betting market may now offer fixed-odds horse-racing wagers under the board’s approval.
Operators in Michigan’s regulated online betting market may now offer fixed-odds horse-racing wagers under the board’s approval.
Operators can add fixed-odds horse-racing wagers while maintaining existing licensing, responsible-gambling, age and residency checks.
The figures provide operators and investors with reported market activity across several jurisdictions.
The agreement sets a deadline for Polymarket to exit Michigan sports event contracts while its appeal remains unresolved.
The agreement sets a deadline for Polymarket to withdraw its sports event contracts from Michigan customers.
The agreement sets a court-approved deadline for Polymarket US to end Michigan sports contracts and close open positions.
Operators considering interstate poker need to account for the agreement’s participating states and state-level approval requirements.
The contempt request tests whether Kalshi complied with an injunction barring advertising in Michigan.
Coinbase must suspend Michigan prediction markets while Michigan withholds enforcement during compliance and related appeals.
The withdrawals restrict operators’ sports contract offerings, while Coinbase’s agreement preserves its appeal and makes Michigan’s enforcement standstill conditional on compliance.
Operators should note Coinbase will stop listing new sports markets and close all outstanding sports trades in Michigan.
Robinhood’s sports event contracts remain withdrawn from Michigan at least until the Sixth Circuit rules on related appeals.
Kalshi must exclude Michigan residents from online sports wagering or face financial penalties while the preliminary injunction remains effective.
The preliminary injunction bars Kalshi from providing sports betting contracts to people in Michigan.
Award
The contract secures six more years of IWG supplying Michigan Lottery with eInstant games through InstantRGS.
Operators recorded higher adjusted revenue despite declining wagers, while unavailable sport-level figures prevent measurement of the World Cup’s contribution.
The exit removes popular slots from sweepstakes lobbies and shifts supplier revenue toward licensed real-money casinos in New Jersey, Pennsylvania and Michigan.
Licence
IGT's licensing footprint and Apollo ownership matter to operators assessing it as a supplier in regulated markets.
The rulings test whether federal commodities law preempts state gambling rules for CFTC-regulated event contracts, affecting prediction market operators and licensed sportsbooks.