Minnesota’s first-in-the-nation law banning prediction markets is halted in federal court

Minnesota’s first-in-the-nation law banning prediction markets is halted in federal court

HARRISBURG, Pa. (AP, July 28, 2026) — A federal judge has temporarily blocked Minnesota’s first-in-the-nation law banning prediction markets just days before it was to take effect, the latest clash between President Donald Trump’s administration and states over who regulates operators such as Kalshi and Polymarket. Monday’s decision is the latest setback for states trying to outlaw or regulate fast-growing prediction market platforms. U.S. Distr…