Minnesota Becomes First State to Ban Prediction Markets - r/politics

Minnesota became the first state to ban prediction markets outright, citing both election-influence risk and unlicensed gambling, and r/politics split almost evenly over whether that's principled regulation or government overreach — 52,000 upvotes on a thread that stayed genuinely divided in the comments. Polymarket volumes reportedly jumped 34% within 24 hours as traders repositioned around the news. Legal experts in the thread were already predicting First Amendment challenges before the law even takes effect, which tells you this fight is far from over.