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Minnesota Prediction Market Ban Blocked | Durham News

A federal judge has halted Minnesota’s first-in-the-nation ban on prediction markets, ruling that the state’s law could cause serious harm to operators and that federal CFTC jurisdiction likely applies. While Attorney General Keith Ellison sees these platforms as gambling and wants them out of Minnesota, companies like Polymarket and Kalshi argue federal law—not state gambling statutes—should govern. The battle is part of a broader legal tug-of-war over who controls regulation: states or the CFTC. This pause is just the beginning of a complex, unfolding legal showdown. Listen in comfort:Get a…

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