Judge blocks Minnesota's first-in-nation prediction markets ban

Walz signs executive order barring state employees from using government information on prediction markets

The order covers all state agency employees including the governor, lieutenant governor and agency commissioners

Federal Court Blocks Minnesota's First-In-The-Nation Law Banning Prediction Markets

The law, which was scheduled to take effect Saturday, would have made it a crime to create or operate prediction markets or help administer nearly any activity connected to one.

Minn. judge blocks ban on prediction markets

A federal judge on Monday blocked a Minnesota state law that would ban prediction markets days before it was set to go into effect, siding with a federal financial regulator and two companies that had sued to stop it.

Federal judge halts Minnesota's prediction market ban, signaling other states' efforts might be illegal too

A preliminary injunction will keep Kalshi and Polymarket active in Minnesota after a district judge found federal law preempts the state's ban.

Judge blocks first state law that would have banned prediction markets

Judge may allow Minnesota to ban some types of bets, but not all of them.

Federal judge halts Minnesota’s prediction market ban

The ban affecting platforms like Kalshi and Polymarket was set to go into effect Aug. 1. The author of the bill says he’s “disappointed” but “optimistic” that Minnesota’s ban will prevail.