Minnesota Judge Blocks First State Ban on Prediction Markets Like Kalshi and Polymarket
A federal court has halted a Minnesota law that would have become the first state-level prohibition on election-related prediction markets.
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A federal court has halted a Minnesota law that would have become the first state-level prohibition on election-related prediction markets.
Major Wall Street firms are restricting employee participation in prediction markets as compliance scrutiny intensifies.
State and local governments are moving to restrict political betting among staff as concerns grow over the use of nonpublic information in prediction markets.
The 2026 World Cup has driven prediction market volumes to record highs, with combined June trading for Kalshi and Polymarket hitting $45 billion.
Michigan judge blocks Kalshi from offering sports betting to residents
Lawmakers and regulators are targeting prediction market Polymarket over allegations of deceptive advertising and fake trade campaigns.