Coinbase agrees to suspend Michigan prediction markets under MGCB deal
Coinbase must suspend Michigan prediction markets while Michigan withholds enforcement during compliance and related appeals.
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Coinbase must suspend Michigan prediction markets while Michigan withholds enforcement during compliance and related appeals.
The letters put offshore operators targeting Michigan residents on notice of potential further enforcement over alleged unlicensed gambling.
Michigan’s cease-and-desist letters target 33 offshore operators over unlicensed gambling, alongside public warnings about problem gambling risks.
DraftKings faces Michigan regulatory examination of issues raised by reporting concerning its artificial intelligence and machine learning use.
The unanimous renewals allow Detroit’s three casinos to retain their licences until September 2027.
The renewals allow all three casinos to continue operating through September 2027, subject to Michigan’s regulatory requirements.
Michigan operators’ combined online casino and sports betting revenue increased 1.4% despite sports betting handle falling 3%.
Operators recorded higher adjusted revenue despite declining wagers, while unavailable sport-level figures prevent measurement of the World Cup’s contribution.
Kalshi’s involvement has cost the organisation support from the Michigan regulator.
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