Gov. Walz bans state employees from using inside information to place bets

By: Ria Gupta

Outlets: Minnesota Reformer

Published: July 28, 2026

Words: 459

Last Updated: 3 days, 3 hours ago

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Gov. Tim Walz signed an executive order Tuesday prohibiting state employees from using inside information to bet on prediction market sites like Kalshi and Polymarket.

The executive order comes a day after a federal judge granted a preliminary injunction halting the implementation of a new Minnesota law that bans prediction markets. The law, which was aimed at stopping the spread of legal, lightly regulated gambling offered by the prediction markets, was due to take …

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