Minnesota becomes first state to ban prediction markets, setting up legal showdown with Trump
Minnesota has enacted the first law in the United States that bans prediction markets, making it a felony to operate platforms like Polymarket and Kalshi within the state. This legislation, included in the Public Safety Policy Bill, passed with a significant majority in the Minnesota Senate. The law targets not only participants but also the platforms themselves, covering a wide range of topics including sports and politics.
- ▪Minnesota is the first state to ban prediction markets.
- ▪The law prohibits operating platforms like Polymarket and Kalshi, making it a felony.
- ▪The ban covers various topics including sports, politics, and culture.
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Minnesota becomes first state to ban prediction markets, setting up legal showdown with Trump The new law makes operating platforms like Polymarket and Kalshi a felony in the state, and a lawsuit is already in motion. Share Add us on Google by Editorial Team May. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Minnesota just drew a line in the sand that no other state has been willing to draw.
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