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7/28/2026 11:15:00 AM

Kalshi: Judge Blocks Minnesota Prediction Market Ban

Kalshi: Judge Blocks Minnesota Prediction Market Ban

Kalshi and Polymarket win as judge blocks Minnesota prediction market ban, ruling not every contract qualifies as a swap under CFTC swap definition prediction market contracts.

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Analysis

Kalshi and Polymarket score wins as judge blocks Minnesota prediction market ban. The order turns on whether each contract counts as a swap under federal law, and the judge found that not every one does, echoing Kalshi Polymarket Minnesota court ruling history from the past year.


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