Kalshi challenges Minnesota prediction-market ban in court
Kalshi filed a lawsuit seeking to block Minnesota’s law banning prediction markets from 1 August 2026. The company argues the measure conflicts with federal authority over contract markets and violates First Amendment rights, and is seeking an injunction while the case proceeds. Minnesota Attorney General Keith Ellison said the state intends to defend the law.
The case could determine whether Minnesota can enforce its prediction-market restrictions against Kalshi.