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Why is New Jersey taking the legal battle over prediction markets to the Supreme Court?
The request follows conflicting lower court rulings on whether states have statutory oversight authority of the prediction firms.
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news.bitcoin.com
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.
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npr.org
New Jersey asks Supreme Court to resolve fight over Kalshi's future
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…
