Minnesota’s prediction markets ban has been derailed.
A preliminary injunction has been granted to halt the Minnesota law that was due to go into effect on Saturday. Siding with a lawsuit filed by the Trump administration, Kalshi, and Polymarket, federal judge Katherine Menendez said the plaintiffs would be harmed by enforcement and that federal law supersedes the ban. [Link: Federal judge blocks Minnesota’s prediction market ban days before it takes effect |
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