Michigan judge Shalina Kumar denied Coinbase’s request to block state enforcement against sports event contracts.Coinbase failed to show sports event contracts likely qualify as swaps under federal commodities law.The ruling leaves Michigan’s sports betting authority intact while Coinbase continues challenging state jurisdiction nationwide.Federal courts remain divided over whether CFTC-regulated sports contracts preempt state gambling and betting laws.CFTC rulemaking and parallel state lawsuits could shape the next phase of prediction market regulation.