EPISODE · May 21, 2026 · 7 MIN
Minnesota becomes 1st state to ban 'prediction markets'
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Ryan Butler, Senior News Analyst for Covers.com, joins Megan Lynch with a look at 'prediction markets.' He says their wagering platform, 'looks and acts like a sports betting app,' but you can wager on other things, like elections and awards shows. There are, 'hundreds of thousands if not millions of people,' are using these apps says Butler. Who regulates their gaming?
What this episode covers
Ryan Butler, Senior News Analyst for Covers.com, joins Megan Lynch with a look at 'prediction markets.' He says their wagering platform, 'looks and acts like a sports betting app,' but you can wager on other things, like elections and awards shows. There are, 'hundreds of thousands if not millions of people,' are using these apps says Butler. Who regulates their gaming?
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Minnesota becomes 1st state to ban 'prediction markets'
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