Minnesota just banned prediction market platforms like Kalshi. Will another state do the same b4 6/15?
72% of users predicted YES — the community missed this one. 36 predictions cast.
No additional U.S. state enacted a ban on prediction market platforms before June 15, 2026, following Minnesota's passage of SF 3432 in May, which made operating or advertising such markets a felony effective August 1, 2026. Kalshi responded by filing a federal lawsuit in late May seeking to block enforcement before it took effect, arguing the measure conflicts with federal CFTC regulation of event contracts. Other states — including Illinois, New York, Connecticut, and Arizona — have issued cease-and-desist orders to platforms like Kalshi and Polymarket, but none advanced through the legislative process to enact a new ban within the question's window. The CFTC has filed suits challenging several of those state-level restrictions, and the White House Office of Management and Budget was reviewing a CFTC proposal to set federal guidelines that would further preempt state action. A 72 percent majority of predictors anticipated another state would act before the deadline; they were incorrect. No second state ban materialized, in part because Kalshi's lawsuit against Minnesota appears to have created a wait-and-see environment as courts consider the federal preemption question.