By SectorWire desk ·
The report said that a Minnesota judge blocked enforcement of new state prediction-market legislation. A gaming lawyer cautioned that the ruling may still permit action against sports event contracts.
The injunction limits immediate enforcement while leaving questions over sports contracts unresolved.
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Minnesota cannot implement its prediction-market ban while the preliminary injunction applies.
The injunction pauses enforcement of the challenged prediction market prohibition.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
The access restrictions affect how prediction-market platforms can serve users in Taiwan amid enforcement over election-related betting.
BetMGM's iGaming revenue exceeded its online sports betting revenue, giving investors a comparison of the operator's two businesses.
Investors assessing election betting growth must consider that Polymarket’s busiest 1% of wallets generated 70% of congressional trading volume.