Circuit split raised the odds that SCOTUS will rule on Kalshi fight against states.

New Jersey has until Thursday to ask the U.S. Supreme Court to review a Third Circuit decision protecting Kalshi's sports event contracts.

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…

New Jersey is asking the Supreme Court to weigh in on whether sports-event contracts should be regulated at the state or federal level.