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.
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.
This article was originally published at: https://www.npr.org/2026/05/19/nx-s1-5821265/minnesota-ba...