Lawmakers from gaming states urge Supreme Court to take up Kalshi case
- —Lawmakers from gaming states ask SCOTUS to hear Kalshi v. New Jersey
- —Ruling would settle whether states or federal officials regulate sports bets
- —Kalshi is a prediction market platform that has clashed with the CFTC
Why it matters: A Supreme Court ruling would determine whether prediction markets can operate in gaming states and who regulates them.
Source: Cointelegraph