Judge blocks Minnesota ban on prediction markets
However, the judge indicated not all event contracts listed on Kalshi and Polymarket fit the definition of a swap, meaning those trades may not be protected by federal preemption.
ARCHIVED · 1 LEFT · 2 CENTER · 0 RIGHT · Jul 28, 1:19 AM
NBC News and KARE11 (Tegna, Minneapolis) describe the same event in different terms.
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WORDING GAP
3 sources · 2 bias buckets · Medium confidence
Still Watching. The left frames it as "Federal judge blocks Minnesota’s prediction market ban days before it takes effect". The center frames it as "Minnesota cannot ban prediction markets as lawsuits play out, judge rules".
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Jul 27, 9:26 PM: Courthouse News joined the source map.
Jul 27, 9:53 PM: NBC News joined the source map.
Jul 27, 10:13 PM: KARE11 (Tegna, Minneapolis) joined the source map.
Now: Wording Gap is 61/99 and story health is live match · 3 sources · 2 buckets · comparable news format.
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However, the judge indicated not all event contracts listed on Kalshi and Polymarket fit the definition of a swap, meaning those trades may not be protected by federal preemption.
Minnesota lawmakers sought to prevent prediction market apps from operating in the state.
The ruling follows lawsuits from the Justice Department, the Commodity Futures Trading Commission, Polymarket and Kalshi.