Minnesota bill proposes felony restrictions on prediction markets
A bill filed in the Minnesota Senate proposes making a broad range of prediction-market activities felonies, reportedly covering operations, event listings, payment handling, data services and promotion. The proposal would also authorise state regulators to issue cease-and-desist orders; the source does not identify the bill number or its status beyond filing.
If enacted, the proposal could expose prediction-market operators and service providers in Minnesota to felony liability.