AGA seeks US Supreme Court review over Kalshi sports contracts in New Jersey
By SectorWire desk · · Updated
Summary
The American Gaming Association filed a brief supporting New Jersey’s request for US Supreme Court review of restrictions on state enforcement against Kalshi. The court has yet to accept the case, which concerns whether federal commodities legislation displaces state powers over contracts tied to sporting outcomes.
Why it matters
The case could determine whether prediction markets must meet state gambling requirements when competing with licensed sportsbooks.