Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF4511: Certain wagers and other activities regarding prediction markets prohibition provision and certain criminal convictions disqualifying for receiving a lawful gambling license provision
Status: In committee, May 4, 2026
What the bill says
A bill for an act relating to public safety; prohibiting certain wagers and other activities regarding prediction markets; making certain criminal convictions a disqualification for receiving a lawful gambling license; providing criminal penalties; amending Minnesota Statutes 2024, sections 299L.03, subdivision 12; 609.75, subdivision 3; proposing coding for new law in Minnesota Statutes, chapter 609.
From the engrossed text, April 30, 2026:
A bill for an act relating to public safety; prohibiting certain wagers and other activities regarding prediction markets; making certain criminal convictions a disqualification for receiving a lawful gambling license; providing criminal penalties; amending Minnesota Statutes 2024, sections 299L.03, subdivision 12; 609.75, subdivision 3; proposing coding for new law in Minnesota Statutes, chapter 609. Section 1. Minnesota Statutes 2024, section 299L.03, subdivision 12, is amended to read: Subd. 12. Cease and desist orders. (a) When it appears to the director that any person has engaged in or is about to engage in any act or practice constituting a violation of this chapter, deleted text begin ordeleted text end any rule or order issued under this chapter, new text begin [ADDED: or section 609.7615, ] new text end the director may issue and cause to be served on the person an order requiring the person to cease and desist from new text begin [ADDED: the ] new text end violations deleted text begin of this chapter, or any rule or order issued under this chapterdeleted text end . The order must give reasonable notice of the rights of the person to request a hearing and must state the reason for the entry of the order. Unless otherwise agreed between the parties, a hearing must be held not later than seven days …
Sponsors
- John Marty (D) · primary sponsor