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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.

First seen · 4:28 PM UTCMay 19, 2026

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Minnesota becomes first state to ban prediction marketsWhile 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.
4:28 PM UTC

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