Minnesota
State action
2 actions on file; latest federal ruling, 2026-07-27.
Records read Oct 16, 2026 · counsel review pending
What the state has done
2 actions
- Federal ruling: U.S. District Court for the District of Minnesota: Minnesota officials (Minn. Stat. § 609.7615 as amended by SF 3432). The court's filed order (Doc. 51), hosted by Courthouse News. Source
- Statute: Minnesota Legislature (signed by the Governor): prediction markets. Effective 2026-08-01; enjoined as to CFTC-registered DCMs by D. Minn. on 2026-07-27. The compiled statute page at the revisor was not yet published (404). Source
Payment services and other contracts
payment and data services, non-sports contracts
- Payment, data and verification services: The statute criminalises knowing payment-processing, data and verification support; whether the injunction shields processors and data vendors, as opposed to DCMs only, is unresolved. Source
- Contracts other than sports: Minn. Stat. 609.7615 reaches prediction markets generally and knowing payment-processing, data and verification services; enjoined as to CFTC-registered DCMs on 2026-07-27. Source
CFTC suit against the state
May 19, 2026
- The CFTC sued the state on May 19, 2026. Source
No article for Minnesota yet.
About the model in general
- Prediction markets: the CFTC’s proposal on affiliated market makersThe CFTC has proposed rules for exchanges whose own affiliate trades on them, and it names prediction markets as the place the question matters most. What the proposal would require, what one exchange’s rulebook says today, and how to comment by October 5, 2026.Apparently Law · Oct 2, 2026 · current to Oct 1, 2026Prediction markets
- revisor.mn.govPrimary source · May 26, 2026
- courthousenews.comPrimary source · Jul 27, 2026
- sccgmanagement.comTrade or law-firm press · Jul 10, 2026
- keildefense.comTrade or law-firm press · 2026
Information, not legal advice; a description of the sources on the dates shown, not a conclusion about any product. Prediction markets.