Michigan AG hits back after CFTC orders Kalshi to honor Michigan trades
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Polymarket was blocked in France in 2024, in Belgium in 2025 and subject to a temporary blocking order in Spain alongside rival Kalshi in April of this year. The Italian Customs and Monopolies Agency is the latest European gambling regulator to block the prediction market platform
For decades, Congress and the courts have affirmed that gaming regulation belongs to states and tribal governments. We agree — along with the 41 attorneys general and countless legislators across the country — and support Nevada's Attorney General, Aaron Ford, in calling “sports event contracts” what they are: sports bets. We continue to urge Congress to reaffirm existing law and state and tribal authority by advancing solutions like the bipartisan Prediction Markets Are GamblingAct. Bill Milleris president and CEO of the American Gaming Association.
The Michigan Gaming Control Board (MGCB) is parting ways with the National Council on Problem Gambling (NCPG) after the national nonprofit formed a membership subcategory to allow Kalshi to become a partner and make a $2 million donation.