Wait β betting on the future is now a crime in Minnesota? π€― NPR reports that on May 18, 2026, Minnesota became the first U.S. state to outlaw prediction markets β online platforms where people wager real money on the outcome of future events. Under the new law, companies like Kalshi and Polymarket can face felony charges for operating there. Federal regulators immediately sued to block it, arguing prediction markets fall under federal β not state β jurisdiction. One new law just turned a booming tech industry into a criminal act. Source in first comment.
Source
https://www.npr.org/2026/05/19/nx-s1-5821265/minnesota-ban-prediction-marketsSpot an error? Email hello@thefact5.com with a source β we correct visibly.
