By SectorWire desk ·
The report said that federal judge Katherine Menendez issued a preliminary injunction against Minnesota’s prediction market ban. The ruling temporarily favours Kalshi and Polymarket in their challenge to the state law.
The injunction pauses enforcement of the challenged prediction market prohibition.
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The injunction limits immediate enforcement while leaving questions over sports contracts unresolved.
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.
Ohio’s request puts disputed state and federal authority over sports prediction market operators before the Supreme Court.