According to Poker News Daily, a Minnesota judge on July 29, 2026 stopped the state’s bid to ban sports prediction markets, adding another twist to the broader U.S. dispute over how prediction market operators should be regulated.
Poker News Daily noted that the Minnesota decision followed a July 28, 2026 move by the National Council of Legislators from Gaming States (NCLGS), which urged Congress to impose a nationwide prohibition on sports prediction markets. That request suggests some lawmakers and regulators see state-by-state restrictions as either inadequate or open to legal challenge.
Poker News Daily further reported that, on July 27, 2026, Kalshi agreed to geofence Nevada so users there could not reach the platform’s sports contracts. The arrangement shows some operators are working out compliance terms on a state-by-state basis while the larger legal debate remains unsettled.
On July 28, 2026, BetMGM said competition from prediction markets has delayed its goal of reaching $500 million in EBITDA until after 2027, Poker News Daily reported, highlighting the strain the new sector is putting on traditional licensed sportsbook companies.
Taken together, the late-July 2026 court action, lobbying push, and operator responses show that sports prediction markets are still facing unresolved legal and regulatory battles in Washington and across the states.
