State attorneys general seek Supreme Court review of prediction market oversight
By SectorWire desk · · Updated
Summary
A group of 40 state attorneys general asked the US Supreme Court to consider New Jersey’s prediction markets dispute on 8 October 2026. New Jersey wants to reverse an appellate decision giving federal commodity-trading legislation priority over its gambling rules.
Why it matters
The case could determine whether states can apply gambling laws to prediction market operators such as Kalshi and Polymarket.