States / Minnesota
Legal status · as of Oct 15, 2026
Are prediction markets legal in Minnesota?
In court
Minnesota enacted the first statewide criminal ban on most prediction markets (effective Aug 1, 2026), with exemptions for weather and crop contracts. A federal judge preliminarily enjoined it on July 28, 2026.
State actions
Regulator orders, lawsuits, rulings and laws, newest first.
| Date | Action | What happened | Sources |
|---|---|---|---|
| Jul 28, 2026 | Other | Judge Katherine Menendez preliminarily enjoins the law. | CBS Minnesota |
| May 19, 2026 | Law | Gov. Walz signs the ban (felony to operate or advertise prediction markets), passed in the omnibus public-safety bill. | Minnesota Reformer · ABC News |
| May 19, 2026 | Lawsuit | CFTC sues Minnesota; Kalshi and Polymarket also sue. (Kalshi, Polymarket) | CFTC Release 9233-26 primary |
Cases involving Minnesota
Select a case for its full history and sources, or see the legal tracker.
| Case | Status | Last action | Sources |
|---|---|---|---|
| CFTC v. Minnesota (prediction-market ban) U.S. District Court for the District of Minnesota | PI blocks Minnesota's ban | Jul 27, 2026 Preliminary injunction against enforcement of Minnesota's prediction-market ban. | CFTC press release 9233-26 (suit vs. Minnesota) primary · Cert petition (PDF), No. 26-299 primary · Cert petition (PDF), No. 26-338 primary · Timeline: RotoWire prediction-markets legal timeline · Tracker: Mick Bransfield prediction-market litigation tracker |
Prediction markets in Minnesota: questions
Are prediction markets legal in Minnesota?
In court. Minnesota enacted the first statewide criminal ban on most prediction markets (effective Aug 1, 2026), with exemptions for weather and crop contracts. A federal judge preliminarily enjoined it on July 28, 2026. Exchanges registered with the CFTC, including Kalshi, say federal law lets them offer event contracts in every state; that question is being fought in court. This summarizes public actions and is not legal advice.
What is the latest prediction market action in Minnesota?
Jul 28, 2026: Judge Katherine Menendez preliminarily enjoins the law.
Is there a lawsuit over prediction markets in Minnesota?
Yes. CFTC v. Minnesota (prediction-market ban) (U.S. District Court for the District of Minnesota): PI blocks Minnesota's ban.
This page reports court, regulator and legislative actions with links to the filings and coverage. It is not legal advice. The tracker is re-checked every Monday and Thursday. All states · Legal tracker