Judge halts Minnesota ban on prediction markets

A federal judge halted a new Minnesota law aimed at stopping the massive expansion of gambling via prediction markets on sites like Kalshi and Polymarket. The two companies and the Trump administration sued Minnesota to invalidate the new law, and federal Judge Katherine Menendez granted a preliminary injunction to stop the law from taking effect [

By: J. Patrick Coolican

Outlets: Minnesota Reformer

Published: July 28, 2026

Words: 516

Last Updated: 6 days, 5 hours ago

Body Text Preview

A federal judge halted a new Minnesota law aimed at stopping the massive expansion of gambling via prediction markets on sites like Kalshi and Polymarket.

The two companies and the Trump administration sued Minnesota to invalidate the new law, and federal Judge Katherine Menendez granted a preliminary injunction to stop the law from taking effect during the ongoing litigation. She determined the companies and the federal government were likely to prevail and face “irreparable …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

About

FAQ

Email Us