House Votes to Add Prediction Market Ban to Public Safety Package
St. Paul, MN — Today on the Minnesota House Floor during debate on SF4760, the Public Safety Policy Bill, the House voted to accept an amendment offered by Emma Greenman (DFL-Minneapolis), that would ban the hosting, operating, and advertising of prediction market gambling in Minnesota.
Rep. Greenman released the following statement:
“The prediction market ban has now passed with bipartisan support in the House and Senate, showing broad support for protecting our young people, our communities, and our public decision-making from these shadowy prediction gambling markets.
“It is critical we act this year to address this explosion of gambling on almost anything and rein in these Big Tech billionaires who skirt the law to circumvent our state authority and hurt our children just to line their own pockets.”
The underlying Public Safety bill passed, and the prediction market ban will be included in future negotiations.
###