Judge blocks Minnesota from implementing novel prediction markets ban - Reuters

A federal judge has blocked Minnesota from implementing a novel prediction markets ban just days before it was set to take effect. This ruling comes after legal challenges brought by the Justice Department, the Commodity Futures Trading Commission, Polymarket, and Kalshi. The court's decision prevents the state from enforcing the ban, allowing prediction market activities to continue. The legal action ensures that these platforms remain operational despite the state's attempts to prohibit such trading mechanisms.