Minnesota Takes Center Stage in the Prediction Markets Battle

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Source: nytimes.com
Minnesota Takes Center Stage in the Prediction Markets Battle
Photo: nytimes.com
TL;DR Summary

Minnesota became the first state to ban Kalshi and Polymarket over concerns about underage use and links to sports betting, making the state a frontline in the national regulatory fight over prediction markets; a federal CFTC lawsuit could set a precedent for who has authority to regulate these platforms.

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