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New Jersey casino association backs state appeal against Kalshi injunction

Regulation

The Casino Association of New Jersey filed an amicus brief in the US Court of Appeals for the Third Circuit supporting New Jersey's appeal of an injunction allowing Kalshi to operate in the state. The dispute concerns sports event contracts offered without state gaming licences; the New Jersey Division of Gaming Enforcement sent Kalshi a cease-and-desist order in March, before the injunction was granted the following month.

The appeal could affect whether prediction-market operators can offer sports contracts in New Jersey without state gaming licences.

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