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Polymarket Halts Michigan Sports Contracts

Polymarket has agreed to stop offering sports prediction contracts in Michigan by November 25 under a settlement with state regulators. The agreement resolves a legal dispute over unlicensed sports betting operations in the state.

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Attorney General Dana Nessel (left) has contended Polymarket and other prediction-wagering platforms have been running illegal sports betting operations in Michigan. Under a settlement,

Prediction market platform Polymarket will halt sports-related event contracts in Michigan by November 25 under a settlement with state regulators. The agreement resolves legal battles over un-licensed sports wagering in the United States.