Will Kalshi's Michigan daily-fine exposure (from the June 2026 order) be publicly reported to have exceeded $5 million in accrued penalties by December 31, 2026?

Resolves Yes if Resolves YES if court filings or credible reporting show accrued Michigan penalties against Kalshi exceeding $5M by 2026-12-31 (the order threatened $120K/day), per court records or legal press.

Outcome verified from casino.org.

1. Market open

   Jul 19, 2026, 5:05 PM UTC
2. Market closes

   Jan 1, 2027, 11:59 PM UTC
3. Projected payout

   Shortly after the market closes

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