Certain wagers and other activities regarding prediction markets prohibition provision and certain criminal convictions disqualifying for receiving a lawful gambling license provision
This bill prohibits businesses and individuals from operating prediction markets in Minnesota that allow wagers on outcomes related to sports, politics, people, catastrophes, or death. It makes it a felony to run platforms where participants place bets on these specific future events, with exceptions for private social bets and licensed horse racing. The law also criminalizes advertising these prohibited products during certain times, in media likely to reach minors, near schools, or on public property. Financial institutions and payment processors that continue to process payments for these activities after receiving a cease and desist order from the attorney general would also face felony charges.
Bill status
passed
3 of 5 stages cleared
Introduction
Mar 2026
Committee Review
May 2026
Senate Passage
Apr 2026
House Passage
Governor
Introduced Mar 17, 2026
Last action May 4, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
2nd Engrossment
→
3rd Engrossment
·
3 edits
·
Apr 30, 2026
MINOR
The bill was updated from its second to third engrossment, changing the effective posting date from April 30, 2026, to July 1, 2026. The definition of covered weather events was narrowed to specify 'short-term' events, and prohibitions on data and payment services were strengthened by explicitly requiring that the services be used in violation of the section.
Scope change
The scope of prohibited weather-related activities was narrowed to short-term events, and the applicability of service provider prohibitions was clarified to apply only when services are used in violation of the law.
DEFINITION
The definition of covered weather events was changed from a general reference to 'the weather' to specifically include only 'short-term weather events or conditions'.
REQUIREMENT
Prohibitions on providing data, information, or verification services to prediction markets were updated to explicitly state that the services must be used 'in violation of this section'.
Prohibitions on providing supportive services (like location identification or payment processing) to prediction markets were similarly updated to require that the services be used 'in violation of this section'.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
13
Key actions
6
Committee
8
Amendments
1
May 4, 2026
Committee
Senate file first reading, referred to Commerce Finance and Policy
lower
May 4, 2026
Introduced
Received from Senate
lower
Apr 30, 2026
Upper · Passed
Third reading Passed as amended
upper
Apr 30, 2026
Introduced
Special Order: Amended
upper
Apr 27, 2026
Upper · Passed
Comm report: To pass
upper
Apr 16, 2026
Upper · Passed
Comm report: To pass and re-referred to Finance
upper
Apr 13, 2026
Upper · Passed
Senate Concurrent Resolution 6 Suspended adopt previous committee report
upper
Apr 9, 2026
Committee
Pursuant to Senate Concurrent Resolution No. 6, referred to Rules and Administration
upper
Apr 9, 2026
Upper · Passed
Comm report: To pass as amended and re-refer to Commerce and Consumer Protection
upper
Apr 7, 2026
Upper · Passed
Comm report: To pass as amended and re-refer to State and Local Government
upper
Mar 17, 2026
Committee
Referred to Judiciary and Public Safety
upper
Mar 17, 2026
Introduced
Introduction and first reading
upper
1 primary · 9 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
John Marty
DDemocratic-Farmer-Labor
Co
Brad Tabke
DDemocratic-Farmer-Labor
Co
Cedrick Frazier
DDemocratic-Farmer-Labor
Co
Emma Greenman
DDemocratic-Farmer-Labor
Co
Erin Maye Quade
DDemocratic-Farmer-Labor
Co
Greg Davids
RRepublican
Co
Jordan Rasmusson
RRepublican
Co
Mary Kunesh-Podein
DDemocratic-Farmer-Labor
Co
Matt Klein
DDemocratic-Farmer-Labor
Co
Peter Fischer
DDemocratic-Farmer-Labor
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