If passed, Senate File 4511 would prohibit any prediction market offerings tied to sports, casino-style gambling, people, elections, catastrophes and death in Minnesota.
The Coalition for Prediction Markets also provided commentary to the CFTC, stating the definition of swaps is ‘certainly broad enough’ to include the trading of sports event contracts.
The company is on a roll as it continues to develop its new prediction market services.
The resolution was officially passed following a voice vote held on April 30, with Kalshi CEO Tarek Mansour encouraging the US House of Representatives to apply similar legal action.
The supplier has integrated the vertical as part of its betting portfolio, tapping in on the fast-expanding and highly controversial sector.
Muller will be responsible for streamlining operations through new AI processes.
Judge Jason Woodbury banned the prediction markets operator from providing sports event contract trading in Nevada on April 6, approving a preliminary injunction request from the NGCB.
The partnership follows SEGG Media’s recent announcement that it intends to launch Sports.com Predict ahead of the 2026 FIFA World Cup.
The lawsuit names Wisconsin Governor Anthony Evers, Attorney General Joshua Kaul and the state’s Division of Gaming in an effort to ‘halt’ regulators from enforcing preempted state laws.
Day one of the 2026 Ethical Gambling Forum was held at the Flutter UK&I officers in Leeds. Global Gaming Insider brings you the lowdown.