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REGULATION 60-second read

Polymarket pulls sports from Michigan, joins three rivals

Published: 1 min read
An empty state capitol building facade at dusk with no visible text or signage

QCX LLC, trading as Polymarket US, agreed to shut open positions by day’s end Eastern Time on 25 November.

The hit

Polymarket has become the fourth prediction market operator to stop offering sports contracts in Michigan, according to SBC Americas. QCX LLC, which runs Polymarket US, agreed to stop writing new sports-related event contracts for Michigan customers & to close any remaining open positions by day’s end Eastern Time on 25 November.

Why it matters

The exit confirms a pattern rather than a one-off: Kalshi, Robinhood & Coinbase have also shut off sports contracts in Michigan, according to SBC Americas. It narrows where US sports-related prediction markets currently operate.

The record

Operator pulling out QCX LLC, trading as Polymarket US (SBC Americas)
Deadline to close positions End of day Eastern Time, 25 November (SBC Americas)

What happens next

Watch for whether other states follow Michigan’s lead against sports event contracts.

Sources: Polymarket shuts down sports in Michigan, following Kalshi, Robinhood, Coinbase

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