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SF 4511·MN·senate

Certain wagers and other activities regarding prediction markets prohibition provision and certain criminal convictions disqualifying for receiving a lawful gambling license provision

Passed One ChamberFiled Mar 17, 2026
Sponsor: Marty
Latest Action

Senate file first reading, referred to Commerce Finance and Policy

May 4, 2026

Summary

The bill makes it a felony to create, run, facilitate, provide data for, or advertise prediction markets—wagers on outcomes such as sports events, elections, disasters, or other future events. It updates the director’s cease‑and‑desist authority and clarifies which contracts are not considered bets. The law takes effect on August 1 2026.

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

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