New Jersey Takes Fight Over Kalshi’s Prediction Market to US Supreme Court
New Jersey authorities on Wednesday asked the U.S. Supreme Court to resolve whether states have the power to police sports betting that occurs on prediction markets operated by Kalshi and competing platforms. The state asked the Supreme Court to overturn …
New Jersey authorities have asked the US Supreme Court to resolve a dispute over the regulation of sports betting on prediction markets operated by Kalshi and other platforms. The state is seeking to overturn a lower court's decision on the matter.
The request to the Supreme Court relates to the power of states to police sports betting on prediction markets. No further details were available on the potential impact of the court's decision.
The Supreme Court has also recently considered another case related to voting rights, with the Trump administration seeking to enforce a new US Postal Service rule on mail-in ballots. However, this case is not directly related to the dispute over Kalshi's prediction market.
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- New Jersey takes fight over Kalshi’s prediction market to US Supreme Court investing.com
- New Jersey asks Supreme Court to review prediction market dispute thehill.com
- Michigan authorities continue pursuit to block Kalshi as Supreme Court fight looms cointelegraph.com
- New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets coindesk.com
- Michigan court orders Kalshi to keep blocking sports prediction markets theblock.co
- Trump administration takes mail-in ballot fight to Supreme Court cnbc.com
