CFTC Sues Minnesota Over Prediction Market Ban Impact on Farmers
The Commodity Futures Trading Commission (CFTC) sues Minnesota over a ban on prediction markets, fearing negative consequences for farmers.
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The Commodity Futures Trading Commission (CFTC) sues Minnesota over a ban on prediction markets, fearing negative consequences for farmers.
The Commodity Futures Trading Commission (CFTC) filed a federal lawsuit against Minnesota after Gov. Tim Walz signed a prediction market ban into law.
Minnesota is a governor’s signature away from becoming the first U.S. jurisdiction to explicitly ban the operation of prediction markets through legislation.
Minnesota advanced sweepstakes and prediction market bans, Iowa and Louisiana moved enforcement bills, and New York pushed new responsible gambling measures.