Bill > HF4437

This bill prohibits certain activities related to prediction markets, which are systems where people can wager on the future outcome of various events, including athletic contests, games of skill, elections, legal actions, and even weather. Specifically, it makes it a felony for anyone to create, operate, manage, or facilitate a prediction market as part of a business, including identifying events, handling funds, setting terms, or acting as a counterparty to wagers. The bill also criminalizes the advertisement of these prohibited prediction markets under certain conditions, such as during specific broadcast times, if targeting an audience under 21, or if displayed on public property or near schools. Furthermore, it makes a criminal conviction for violating these prediction market provisions a disqualification for obtaining a lawful gambling license, and it establishes criminal penalties for such violations, with these provisions taking effect on August 1, 2026, and applying to crimes committed on or after that date.

Business and Industry, Justice

https://www.revisor.mn.gov/bills/94/2026/0/HF/4437/