Minnesota HF4437 prohibits prediction markets, criminalizing related wagers and activities, and bars those convicted from obtaining gambling licenses.
Minnesota HF4437 amends state statutes to prohibit certain wagers and activities related to prediction markets. It criminalizes transactions depending on future events, such as sports outcomes, contests, and casino-style gaming. It also penalizes those who knowingly facilitate unauthorized gaming after receiving a cease and desist order. Individuals or businesses convicted under this law are disqualified from obtaining any gaming-related license for ten years. The law takes effect August 1, 2026.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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