CFTC Challenges Minnesota Prediction Market Ban
The U.S. Commodity Futures Trading Commission (CFTC) has filed a federal lawsuit to block Minnesota from enforcing a law that criminalizes the operation or promotion of prediction markets. The legislation, signed by Governor Tim Walz, would take effect on August 1, 2026, and the CFTC is seeking a preliminary injunction to halt its implementation. Minnesota’s law, part of a broader public safety bill, would make it a felony to operate, host, facilitate, or advertise prediction markets, covering event contracts linked to sports, […] The post CFTC Challenges Minnesota Prediction Market Ban appeared first on World Casino News.
The U.S. Commodity Futures Trading Commission (CFTC) has filed a federal lawsuit to block Minnesota from enforcing a law that criminalizes the operation or promotion of prediction markets. The legislation, signed by Governor Tim Walz, would take effect on August 1, 2026, and the CFTC is seeking a preliminary injunction to halt its implementation. Minnesota’s law, part of a broader public safety bill, would make it a felony to operate, host, facilitate, or advertise prediction markets, covering event contracts linked to sports, […]
The post CFTC Challenges Minnesota Prediction Market Ban appeared first on World Casino News.
