By SectorWire desk ·
The report said that a preliminary injunction stopped Minnesota implementing its law banning prediction markets. The interim ruling favours Kalshi and Polymarket without settling the wider legal questions.
Minnesota cannot implement its prediction-market ban while the preliminary injunction applies.
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The injunction limits immediate enforcement while leaving questions over sports contracts unresolved.
Ohio’s request puts disputed state and federal authority over sports prediction market operators before the Supreme Court.
The lobbying seeks to influence the regulatory treatment of prediction market products in the USA.
The dispute concerns whether federal commodities regulators or gambling authorities should oversee sports contracts, affecting prediction market oversight.
The dispute concerns whether sports prediction platforms must comply with state gambling laws alongside federal financial supervision.
The case and lawsuit could affect how sports event contracts operate and how Florida’s gaming compact applies to DraftKings’ platform.