Majority of states urge Supreme Court to consider prediction market regulation
A bipartisan group of states are backing New Jersey’s request for the Supreme Court to declare that states can regulate prediction markets, warning that lower judges are “hopelessly confused and divided.” Last month, New Jersey petitioned the justices to decide the issue that has been bubbling up in the lower courts. The justices turn away...
We haven't written up this one. The Hill has the full story — the link below goes straight to it.
Also reported by 4 other outlets
- NFL urges Supreme Court to take up prediction market dispute thehill.com
- NFL is urging the Supreme Court to let states regulate sports prediction markets as gambling qz.com
- NFL tells Supreme Court prediction markets are gambling and should be regulated by the states cnbc.com
- Slew of states urge Supreme Court to take up prediction markets case seekingalpha.com