Coinbase suspends Michigan sports contracts under appeal agreement
Coinbase Financial Markets agreed with the Michigan Gaming Control Board to stop offering new sports event contracts to Michigan customers and close open positions by 12:00 a.m. ET on 10 October 2026, the company reportedly said. Michigan will pause enforcement while Coinbase complies and pursues its appeal before the US Court of Appeals for the Sixth Circuit; the agreement leaves the state’s authority to regulate these contracts unresolved.
The agreement halts Coinbase’s new Michigan sports contracts and requires open positions to close while the legal dispute continues.