Minnesota becomes first state to ban prediction markets

Minnesota has enacted the most far-reaching crackdown on massively popular services like Kalshi and Polymarket.

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.

(Image credit: Steve Karnowski)

Source Author
Author: Source Author

Source: NPR.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *