If the high court accepts the petition, it would tee up a case with sweeping implications for prediction markets, an industry that has unleashed billions of dollars of betting across nearly every aspect of modern life.
If the Supreme Court accepts New Jersey's petition, it would tee up a case with sweeping implications for the prediction markets industry, which has unleashed billions of dollars of betting across nearly every aspect of modern life.
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After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New…
Kalshi, the most popular prediction market in the U.S., allows users to place yes-or-no bets on future events.
New Jersey petitions the US Supreme Court to review a Third Circuit ruling blocking state gambling law enforcement against…
The request follows conflicting lower court rulings on whether states have statutory oversight authority of the prediction firms.
Sept 2 : New Jersey authorities on Wednesday asked the U.S. Supreme Court to resolve whether states have the power to police…
New Jersey is asking the U.S. Supreme Court to settle, once and for all, how sports betting on prediction markets should be…
