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New Jersey Petitions Supreme Court to Hear Sports Prediction Market Case Following Circuit Split
New Jersey has formally petitioned the U.S. Supreme Court to decide whether sports prediction markets are exempt from state gambling laws. The state is appealin
Read more →How Kalshi Can Use Ninth Circuit Ruling to Help Its Cause, According to Law Professor Melinda Roth
The Ninth Circuit handed Kalshi a unanimous defeat on Friday, with all three judges ruling that the platform’s sports markets cannot be exempt from state sports
Read more →New Jersey Councilman Anand Shah Admits Running Illegal Gambling Operation With Mafia Crime Family
Nearly 18 months after his arrest, New Jersey Councilman Anand Shah has pleaded guilty to racketeering, money laundering, and official misconduct. Shah admitted
Read more →CFB Week 1: Clemson vs. LSU Odds, Picks & Predictions
One of the biggest matchups in college football’s opening week pits Clemson against No. 11 LSU on Saturday. Both teams share the Tigers nickname and play in sta
Read more →Michigan Extends Kalshi Sports Contract Ban, Sets $500K Daily Penalty
A Michigan judge has issued a preliminary injunction preventing Kalshi from offering sports event contracts in the state, ruling that the exchange’s activities
Read more →New Jersey Takes Kalshi Sports Betting Fight to Supreme Court
The Garden State warns that Kalshi’s legal argument could have ramifications far beyond prediction markets, potentially reaching traditional sportsbooks and cas
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