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How Minnesota Became the Front Line in the Fight Over Prediction Markets

11 September 2026 at 10:35
The state was the first to pass a law banning Kalshi and Polymarket. A lawsuit filed by a federal agency may set a precedent on who gets to regulate them.

Β© Jenn Ackerman for The New York Times

State Representative Emma Greenman in the Minnesota State Capitol, where she helped pass a law banning prediction markets in the spring.
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