Prediction market operators withdraw sports contracts across three US states
By SectorWire desk · · Updated
Summary
Coinbase agreed to end Michigan sports contract activity by 10 October on 8 October 2026. The agreement requires Coinbase to close outstanding positions while its appeal continues. The outlet also reported that Webull, Gemini and ProphetX exited Connecticut, while PrizePicks paused new sports prediction entries in Missouri but kept existing entries active.
Why it matters
The withdrawals restrict operators’ sports contract offerings, while Coinbase’s agreement preserves its appeal and makes Michigan’s enforcement standstill conditional on compliance.