Minnesota prediction market ban paused by federal judge days before rollout

A federal judge on Monday halted a prediction market ban in Minnesota days before it was set to roll out. District Judge Katherine Menendez wrote that the Trump administration, Kalshi and Polymarket are “likely to succeed on the merits” in the case arguing that the state ban is pre-empted by federal law. “Specifically, it appears...

A federal judge on Monday halted a prediction market ban in Minnesota days before it was set to roll out. District Judge Katherine Menendez wrote that the Trump administration, Kalshi and Polymarket are “likely to succeed on the merits” in the case arguing that the state ban is pre-empted by federal law. “Specifically, it appears...