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New Jersey lawmakers revive proposal for casinos at two racetracks

Regulation

New Jersey lawmakers are renewing a proposal to allow casinos at the Meadowlands and Monmouth Park racetracks, following New York’s recommendation of three downstate casino proposals for licensing. Resolution SCR130, introduced in May, has not advanced in the Senate; the New York proposals still require final approval from the state Gaming Commission.

New York’s casino proposals renew pressure for New Jersey racetrack casinos, though SCR130 has not advanced.

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Regulation

US appeals courts schedule hearings in prediction-market disputes

US federal appeals courts scheduled proceedings in cases involving Robinhood Derivatives and Kalshi, according to reports. The First Circuit set oral arguments in Robinhood’s appeal of a jurisdictional dismissal in its challenge involving Massachusetts regulators; the Seventh Circuit granted Kalshi’s appeal of a ruling involving tribal gaming claims in Wisconsin.

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