News Prediction Markets Minnesota Timeline: Minnesota Prediction Market Ban Brings Immediate Federal Lawsuit Last Updated: July 29th, 2026 7:26 am PDT Key Highlights Minnesota’s move to ban prediction markets has quickly triggered a high-stakes legal and political fight over who should regulate the fast-growing industry. The state argues the platforms resemble unlicensed gambling operations, while federal regulators and market operators insist they fall under commodities law rather than state betting rules. Here is a current timeline […]