Judge blocks Minnesota from enforcing prediction market ban in win for Kalshi, Polymarket

The Block·

Judge blocks Minnesota from enforcing prediction market ban in win for Kalshi, Polymarket

60-second summary

A federal judge has issued a preliminary injunction, blocking Minnesota from enforcing its new law banning prediction markets, a significant win for Kalshi and Polymarket. The ruling prevents the state from enforcing the ban, allowing these platforms to continue operating within Minnesota's borders.

A federal judge issued a preliminary injunction on Monday, blocking Minnesota from enforcing its new law banning prediction markets.