The prohibition extends to services supporting prediction markets, like virtual private networks ...
So they quietly just slipped a blanket VPN ban in there, too? Would be interested to read more about that part ...
this post was submitted on 19 May 2026
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like virtual private networks, that could allow consumers to disguise their location and get around the ban.
Seems to be the intention.
They should go further and ban people from leaving the state, since that could also be used to circumvent the ban.
Prior to New Jersey amending their state constitution to allow online sports betting in 2011, and mostly leading to the opening of online gambling we're experiencing now, enforcement was usually taken against the "casinos" rather than the handlers. Back then it was CEOs of the betting companies getting caught on their flight layovers and charged with the illegal gambling stuff.
Doubt the intention is to enforce against the gamblers for the reasons already implied here, like the difficulty of tracking and enforcing vpn monitoring.
These people have bank accounts. What not just pass a law saying banks can’t take payments from these sites instead of banning VPNs?
Because banks have a better lobby and pay better.
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So do they have a business exception or are they just saying fuck everyone including businesses? Which would be surprising.
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Luckily due to the United States Constitution, the states can't tell you where you can and cannot go. Obviously with the police they can do whatever the fuck they want but officially we can go over we want.
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Hey what the fuck, good eye
Here is the relevant text of the signed bill SF4760, make your judgement as you will:
81.23 Subd. 2. Prediction markets; hosting prohibited. A person is guilty of a felony if the 81.24 person, for consideration and as part of a business
...
82.14 (5) provides supportive services to a prediction market or consumer knowing that the 82.15 services will be used to identify a consumer's location, transfer money, or make or process 82.16 payments for the purpose of allowing consumers to make wagers or to settle wagers made 82.17 by consumers in violation of this section.
So they'd have to prove that the VPN provider somehow knew the user's intention? It will they just steamroll over the facts and claim that any provider should assume that?
Good questions. At a minimum any VPN marketing in MN would need to tiptoe around claims that you can watch region locked content as if you were there.
Personally, I think VPNs that don’t receive or keep customers' info and logs could have a credible argument that they don't know whether their customers use it for prediction markets or not.
Cue laws that VPNs monitor their clients' traffic
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darnit I did not assimilate that well enough. ugh.
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Just FYI, sufficiently liquid prediction markets are also assassin markets by their nature.
It's a really easy way to facilitate payments for killings by "predicting" that someone will be dead by a certain date, and making a big bet against it
That isn't really a new thing entirely, companies have our entire lives been able to take out life insurance on their employees without them knowing it. Which you know...
This was reported, so I looked it up. Apparently, it's true. I also think it's your opinion that corporations might use for their own financial gain, so I won't remove it.
Corporate ownership of life insurance (COLI), or corporate-owned life insurance, refers to insurance policies taken out by companies on their employees, typically senior-level executives.
The company is responsible for making the premium payments, and if the person dies, the company, not the insured person's family or other heirs, receives the death benefit. Such policies came to be called "dead peasant insurance" after some companies purchased life insurance on low-level workers without their knowledge.
https://www.investopedia.com/terms/c/corporate-ownership-of-life-insurance.asp
Oh right the dead peasants' insurance thing this is like well after the fact, in like the 00s by walmart.
I guess I should have just looked it all up how hard could have been.
From what I understand they would take them out on technical employees fairly often as well, like scientists types that could not be easily replaced. But who knows what dirty dealings have gone on.
Is that why they hire elderly people as greeters? Wow, they're pure evil.
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His opinion? Walmart was notorious for taking out life insurance policies on its rank and file workers. It happened for decades, there were even lawsuits, settlements, the whole 9 yards...
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Whaaaa?
Hey, I bet you a million dollars a guy I don't like will still be alive tomorrow.
If you take that bet. You have a significant financial interest in ensuring that guy I don't like isn't still alive tomorrow
I get what you were saying, I just have never heard of this happening. Are there court cases or articles on it?
No confirmed cases, but sci fi novels and commentators have been talking about it since the 90s - https://en.wikipedia.org/wiki/Assassination_market
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I'm pretty sure that legal wide scale prediction markets have been around for like 2 years so maybe give it time
I honestly wonder if there isn't a deeper history. Gambling is a part of human culture and the only recent thing that's happened is our society has become so corrupt that gambling is being allowed to legally flourish.
Like bank deposit insurance, vaccines, and clean water standards, anti-gambling laws are something society is reminded it needs only after they are gone.
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Every day I regret leaving Minnesota for Texas, they keep doing what we need to do here and the damn state regime stomps down any progressive or practical solutions the blue cities try. I vote angry in every election.
Something stopping you from going back?
Can't afford moving anywhere now. Have to work and save before I can get back north again.
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I feel like if we could just organize and sythesize a list of the best blue state laws and enact them nationally we could have a pretty good country. I mean I would say like cali and minnesota and illinois but like new mexico to has some nice stuff along with the old guard east coast. EDITED ugh. just realized from another commenter the poison pill in the law.
Minnesota comin in hot
I'm glad this slipped in before the session ended. These markets are super easy to manipulate and are basically gambling. They should be regulated like one
The amount of people who can't read past the headline and are missing that this is about banning VPNs and garnering public support for it is honestly horrifying.
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Bet they didn't predict that happening.
Walz wins again!
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