Minnesota prohibits prediction markets, promptly gets sued by Trump admin

The Trump administration yesterday sued Minnesota in an attempt to block the first state law that prohibits prediction markets. While other states imposed restrictions on prediction markets, Minnesota banned them outright in a law signed by Gov. The US Commodity Futures Trading Commission announced a lawsuit against the state, saying that Minnesota's "new legislation represents the most aggressive move by a state to shut down CFTC-regulated markets and undermine the federal r