New Jersey Appeals to Supreme Court Over Prediction Markets Regulation
New Jersey has petitioned the U.S. Supreme Court to clarify the regulation of sports betting on prediction markets, following conflicting rulings from various appeals courts. This landmark case could set a precedent for how states can regulate sports contracts offered by CFTC-registered platforms like Kalshi.
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Kalshi sports contracts dispute heads to Supreme Court
New Jersey has asked the U.S. Supreme Court to decide whether federal derivatives law prevents states from regulating sports contracts offered by CFTC-registered prediction markets. A Sept. 2 court filing shows that New Jersey has petitioned the Supreme Court for…
New Jersey officials petition US Supreme Court over prediction markets
New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event contracts to residents.
New Jersey asks Supreme Court to decide who regulates sports betting on prediction markets
New Jersey is asking the U.S. Supreme Court to settle, once and for all, how sports betting on prediction markets should be regulated.
New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in.
Ninth Circuit Ruling Sets Up a Kalshi Supreme Court Fight on Sept. 3
New Jersey has until Thursday to ask the U.S. Supreme Court to review a Third Circuit decision protecting Kalshi’s sports event contracts from state gambling law. On Friday, a federal appeals court in San Francisco decided the same question the opposite way, handing the state the circuit split it told Justice Samuel Alito in June […]