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Trump administration targets Minnesota ban on prediction markets

Gov. Tim Walz recently signed a bill into law that imposes criminal penalties for operating or advertising a prediction market in the state.

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npr.org

frontofficesports.com

washingtonexaminer.com+2 altre

martedì 19 maggio 2026·npr.org
Minnesota becomes first state to ban prediction markets
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…
martedì 19 maggio 2026·frontofficesports.com
CFTC Sues Minnesota to Block Prediction Market Ban
“This Minnesota law turns lawful operators and participants in prediction markets into felons overnight,” the CFTC chairman said.

martedì 19 maggio 2026·

theblock.co

CFTC sues Minnesota over first explicit state ban on prediction markets

Minnesota’s law could expose exchanges, payment providers, media partners, and sports leagues to criminal liability.

martedì 19 maggio 2026·

gizmodo.com

Minnesota Becomes First State to Ban Prediction Markets, Feds Immediately Sue

The CFTC has sued several states that have tried to regulate prediction markets at the local level.

martedì 19 maggio 2026·

decrypt.co

Minnesota Bans Prediction Markets—And Is Sued By the Trump Admin Hours Later - Decrypt

Minnesota's ban has made it a felony to create or operate a prediction market in the state. The CFTC and DOJ say it violates federal law.

martedì 19 maggio 2026·

frontofficesports.com

Feds Sue Over Prediction-Market Ban

The federal regular is asking for an order that would stop the law from going into effect on Aug. 1, according to the complaint.

martedì 19 maggio 2026·

theverge.com

Minnesota is battling the Trump administration over prediction markets.

The state became the first to enact a ban on prediction markets, but a lawsuit from the Commodity Futures Trading Commission is trying to keep it from taking effect, arguing it’s…

mercoledì 20 maggio 2026·

cointelegraph.com

CFTC Sues Minnesota, Governor Walz over Prediction Markets Ban

CFTC Chair Michael Selig, the sole leader at the financial agency, has jumped into another legal battle over state-level actions against prediction markets by filing suit against…

mercoledì 20 maggio 2026·

huffpost.com

Trump Admin Sues Minnesota Over Prediction Market Ban

The Minnesota law bans hosting prediction markets on athletic events as well as trading on the outcomes of emergencies and popular culture events.

mercoledì 20 maggio 2026·

businessinsider.com

Prediction markets face a ban in one state, but the fight's not over

The CFTC is suing Minnesota and Gov. Tim Walz over a ban on prediction markets like Polymarket and Kalshi, set to take effect in August.

mercoledì 20 maggio 2026·

heise.de

Minnesota verbietet Prognosemärkte als erster US-Bundesstaat

Ein Landesgesetz geht erstmals gegen Wett-Plattformen wie Polymarket und Kalshi vor. Die Bundesbehörde CFTC sieht darin einen Eingriff in ihre Zuständigkeit.

mercoledì 20 maggio 2026·

qz.com

CFTC sues Minnesota to block prediction market ban

The federal agency argues Minnesota's ban, signed by Gov. Tim Walz, undermines a federal regulatory framework established by Congress more than 50 years ago

mercoledì 20 maggio 2026·

washingtonexaminer.com