Judge halts Minnesota ban on prediction markets

A federal judge has blocked a Minnesota law that sought to ban gambling on prediction markets, platforms like Kalshi and Polymarket where users can bet on the outcomes of various events. The decision came after the companies and the Trump administration challenged the law, arguing it unfairly targeted them. This ruling could reshape the landscape of online gambling and prediction markets, influencing how future regulations are approached. It underscores the ongoing debate about the legality and regulation of novel financial betting platforms.