Ninth Circuit Lets Nevada Enforce Gaming Law Against Kalshi Sports Contracts, Deepening Federal Split
A unanimous Ninth Circuit panel ruled August 28 that Nevada can regulate Kalshi's sports event contracts as gambling, directly contradicting…
Tag: Minnesota
Federal Judge Blocks Minnesota Prediction-Market Felony Law for CFTC-Registered Exchanges
U.S. District Judge Katherine Menendez issued a preliminary injunction on July 27, 2026, halting Minnesota's SF4760 ban on Kalshi, Polymarket,…
Federal Judge Blocks Minnesota Prediction Market Ban Before August 1 Effective Date
A federal judge in Minnesota issued a preliminary injunction July 27 barring enforcement of the state's first-in-the-nation law banning prediction…
Federal Judge Blocks Minnesota Prediction-Market Ban Before August 1 Start Date
U.S. District Judge Katherine Menendez granted a preliminary injunction on July 27, 2026, halting Minnesota's SF 3432 prediction market ban…
Polymarket Fed Odds Favor September Hike as Kalshi Promo Push Meets State-Law Fight
Kalshi's traders price a September Fed hold near 64 cents even as affiliate "referral code" promos push $500 MLB bonuses,…
Kentucky Lawsuits and Minnesota Injunction Put Sports Prediction Markets Back in Court
The CFTC sent a letter August 7 ordering regulated prediction market platforms to stop displaying American-style betting odds, citing deceptive-practices…
Minnesota Prediction-Market Ban Blocked as Courts Split on Federal Preemption
A federal judge blocked Minnesota's first-in-the-nation prediction market ban four days before it was set to take effect, while New…
Federal Judge Pauses Minnesota Prediction-Market Ban as New York Opens Kalshi Suit
A federal judge halted Minnesota's first-in-the-nation prediction market ban days before it took effect, handing Kalshi and Polymarket a preliminary…