By The Weekly Edge desk ·
New Jersey has sought intervention from the US Supreme Court in a dispute over prediction market regulation, PressGiochi reported. The dispute particularly concerns contracts tied to sporting events.
New Jersey seeks Supreme Court intervention over prediction market regulation, particularly contracts tied to sporting events.
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Polymarket’s request for help against New York and Kalshi’s potential tribal agreement concern prediction market operators.
The ruling and machine removals are followed by 81 job cuts at Republic Amusements, while legalisation legislation remains stalled.
The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
Proposed Nevada technical revisions cover multiple gaming systems, putting associated equipment requirements under review.