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Five groups file briefs supporting New Jersey’s case against Kalshi

Regulation

Five groups filed amicus briefs supporting New Jersey’s case against Kalshi at the US Court of Appeals for the Third Circuit. The filings came from anti-gambling organisations, tribal groups, state and territorial attorneys general, the Casino Association of New Jersey and the American Gaming Association; Kalshi continues to operate in New Jersey under a preliminary injunction.

The appellate case could affect how prediction-market sports event contracts interact with state gambling laws.

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Tribal groups back Ho-Chunk Nation lawsuit against Kalshi and Robinhood

The Indian Gaming Association, the National Congress of American Indians and 16 tribes filed a legal brief supporting the Ho-Chunk Nation in its lawsuit against Kalshi and Robinhood. The groups argue that sports-related event contracts may breach the Indian Gaming Regulatory Act and tribal-state compacts; Kalshi maintains that its activities fall under federal commodities law.

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