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Future of prediction markets is anyone’s bet as nation’s first ban starts Aug. 1

Posted on July 5, 2026
By Star Tribune
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1 min read

Future of prediction markets is anyone’s bet as nation’s first ban starts Aug. 1

Minnesota is the battleground in a fight over the legality of the popular Kalshi and Polymarket trading sites. As Minnesota users lament the looming loss of their hobby, a federal judge hears arguments in lawsuit brought by Trump administration to block the ban.