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Minnesota Passes First Bipartisan Ban on Prediction Markets

By Drooid · · How we work

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Story summary
  • Minnesota passed the first bipartisan law banning prediction-market platforms, championed by Rep. Emma Greenman (D-MN).
  • Greenman said teachers reported underage students downloading apps such as Kalshi and Polymarket.
  • She warned the platforms could serve as a back door to illegal sports betting.
  • A judge paused enforcement after a federal regulator and the firms sued, prompting Painter’s authority test comment.