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HF 4437·MN·house

Wagers and other activities regarding prediction markets prohibited, criminal convictions made a disqualification for receiving a lawful gambling license, and criminal penalties provided.

FailedFiled Mar 18, 2026
Sponsor: Greenman
Latest Action

Committee report, to adopt as amended and re-refer to

Apr 7, 2026

Summary

The bill makes it a felony to create, operate, or promote prediction markets—platforms that let people bet on outcomes like sports, elections, or natural disasters. It also adds a conviction for violating the new prediction‑market law to the list of offenses that disqualify individuals or organizations from obtaining or keeping a gambling license. The measures take effect on August 1, 2026, but the bill did not pass the House.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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