Judge blocks first state law that would have banned prediction markets

Judge blocks first state law that would have banned prediction markets — Live Feedhttps://www.live-feeds.com/feed/judge-blocks-first-state-law-that-would-have-banned-prediction-marketsContinuously updated, source-cited coverage. Judge blocks Minnesota law banning prediction marketshttps://www.live-feeds.com/feed/judge-blocks-first-state-law-that-would-have-banned-prediction-marketshttps://www.live-feeds.com/feed/judge-blocks-first-state-law-that-would-have-banned-prediction-markets#u29252Sun, 02 Aug 2026 09:35:23 +0000A federal judge has temporarily halted a Minnesota law that would have banned prediction markets, set to take effect on August 1. This law was the first of its kind in the US. The ruling comes as New York's attorney general has sued prediction market operator Kalshi, alleging its platform violates state laws against illegal gambling.Why it mattersThe Minnesota law's temporary halt allows prediction markets to continue operating in the state for now. The legal landscape for prediction markets is evolving, with various states taking different approaches. Federally regulated prediction Judge blocks Minnesota law banning prediction marketshttps://www.live-feeds.com/feed/judge-blocks-first-state-law-that-would-have-banned-prediction-marketshttps://www.live-feeds.com/feed/judge-blocks-first-state-law-that-would-have-banned-prediction-markets#u29251Sun, 02 Aug 2026 09:35:22 +0000A federal judge has temporarily halted a Minnesota law that would have banned prediction markets, set to take effect on August 1. This law was the first of its kind in the US. The ruling comes as New York's attorney general has sued prediction market operator Kalshi, alleging its platform violates state laws against illegal gambling.Why it mattersThe Minnesota law's temporary halt allows prediction markets to continue operating in the state for now. The legal developments reflect a broader debate over the regulation of prediction markets in the US. Federally regulated prediction mark Federal Judge Blocks Minnesota Prediction Market Banhttps://www.live-feeds.com/feed/judge-blocks-first-state-law-that-would-have-banned-prediction-marketshttps://www.live-feeds.com/feed/judge-blocks-first-state-law-that-would-have-banned-prediction-markets#u27117Thu, 30 Jul 2026 11:31:13 +0000A federal judge temporarily halted a Minnesota law that would have banned prediction markets. The ruling came just days before the law was scheduled to take effect on August 1. This was the first law of its kind in the United States.What's confirmed:A federal judge temporarily blocked Minnesota's law banning prediction markets.The law was the first of its kind in the nation.The ban was scheduled to take effect on August 1.Still unconfirmed:Governor Walz banned state workers from using private government information to bet on prediction markets.