2026 Minnesota Statutes
211B.25 PROHIBITIONS ON CANDIDATES BETTING ON ELECTIONS.
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Subdivision 1.Definitions.
(a) As used in this section, the following terms have the meanings given.
(b) "Prediction market" means a system that allows consumers to place a wager on the future outcome of a federal, state, or local election.
(c) "Wager" means a contract whereby the parties to the contract agree to a gain or loss by one to the other of money, property, or benefit.
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Subd. 2.Prohibition; penalty.
A candidate is guilty of a petty misdemeanor if the candidate places a wager with a prediction market on the outcome of an election in which the candidate is running.
History:
Official Publication of the State of Minnesota
Revisor of Statutes