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Federal Judge Halts Minnesota's Prediction Market Ban, Signaling Other States' Efforts Might Be Illegal Too

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A federal judge issued an injunction preventing Minnesota’s newly enacted law that would have prohibited prediction markets from operating, citing legal challenges. Reuters reported the order, noting it arrived just days before
Tosin Akintola· ·4 min read · 0 reactions · 0 comments · 2 views
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Federal Judge Halts Minnesota's Prediction Market Ban, Signaling Other States' Efforts Might Be Illegal Too
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Free Markets Federal Judge Halts Minnesota's Prediction Market Ban, Signaling Other States' Efforts Might Be Illegal Too A preliminary injunction will keep Kalshi and Polymarket active in the state after a district judge found federal law preempts the state's ban. Illustration: Fatima Ruiz" /> (Photo: Yuum/Andrey Popov/Dreamstime. Illustration: Fatima Ruiz) In May, Minnesota became the first state in the country to outlaw prediction markets such as Kalshi and Polymarket.

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10 outlets in our directory ran this story, first to last over 23 hours. Coverage spans 3 points on the political spectrum — 3 lean left, 3 centre, 2 right.

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Reason.com · Tosin Akintola
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Original publisherReason.com
Canonical URLhttps://reason.com/2026/07/28/federal-judge-halts-minnesotas-prediction-market-ban-signaling-other-states-efforts-might-be-illegal-too/
Publication timeTue, 28 Jul 2026 19:04:48 +0000
Retrieval time2026-07-28T20:03:18.583Z
Last seen2026-07-28T20:03:18.583Z
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ClusternMU-9JePFy5a · 10 stories
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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

Free Markets Federal Judge Halts Minnesota's Prediction Market Ban, Signaling Other States' Efforts Might Be Illegal Too A preliminary injunction will keep Kalshi and Polymarket active in the state after a district judge found federal law preempts the state's ban. Tosin Akintola | 7.28.2026 3:04 PM Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL Add Reason to Google Media Contact & Reprint Requests <img src="https://d2eehagpk5cl65.cloudfront.net/img/c800x450-w800-q80/uploads/2026/07/Injunction-MN-800x450.jpg" style="max-width: 100%; height: auto" width="1200" height="675" title="A gavel in front of a picture of a market investment chart" alt="A gavel in front of a picture of a market investment chart | Photo: Yuum/Andrey Popov/Dreamstime.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Reason.com.

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