Federal judge rejects emergency injunction bid from prediction market Polymarket in Michigan

A federal judge in Michigan has declined to step in immediately to shield prediction market Polymarket from possible enforcement by state regulators, leaving the company exposed as a wider legal fight over sports event contracts continues.

In an opinion issued Tuesday (March 10), U.S. District Judge Paul L. Maloney rejected a request from QCX LLC, which operates as Polymarket, for a temporary restraining order or emergency injunction that would have prevented potential action by Michigan officials...