Minnesota prohibits prediction markets, promptly gets sued by Trump admin
Corroborated by 4 sources from 4 publishers
globalbusiness20h ago
TL;DR
Reports differ across sources; according to arstechnica.com, the Trump administration yesterday sued Minnesota in an attempt to block the first state law that prohibits prediction markets.
Sources
1
Engadget
https://www.engadget.com/2177045/minnesota-passes-prediction-markets-ban
1d ago
2
The New York Times
https://www.nytimes.com/2026/05/19/us/minnesota-prediction-market-ban.html
1d ago
3
Investing.com News
https://www.investing.com/news/economy-news/us-regulator-sues-to-block-minnesotas-firstinnation-ban-on-prediction-markets-4700006
21h ago
4
Ars Technica
https://arstechnica.com/tech-policy/2026/05/minnesota-prohibits-prediction-markets-promptly-gets-sued-by-trump-admin
20h ago