Minnesota becomes first state to ban prediction markets
Headline from Delaware Public Media
While dozens of states have taken legal action against the controversial industry, Minnesota is the first state to pass a law making it a felony for companies like Kalshi and Polymarket to operate.
Delaware Public Media's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
While dozens of states have taken legal action against the controversial industry, Minnesota is the first state to pass a law making it a felony for companies like Kalshi and Polymarket to operate.
The Commodity Futures Trading Commission on Tuesday filed a lawsuit seeking to block Minnesota from enforcing a newly enacted law that made the state the first nationally to outright ban prediction markets like those run by Kalshi and Polymarket.