Monday, July 27, 2026
Business

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 Polymarket to operate.

Minnesota becomes first state to ban prediction markets
Image: NPR Business

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)

Originally published at NPR Business

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