US Lawmakers From Gaming States Urge SCOTUS to Take up Kalshi Case
6 Articles
6 Articles
Cointelegraph
US Lawmakers from Gaming States Urge SCOTUS to Take up Kalshi Case
The National Council of Legislators from Gaming States warned of consequences if Kalshi were to succeed in arguing that sports event contracts do not amount to bets under state laws.
The National Council of Legislators from Gaming States asked the U.S. Supreme Court to review the conflict between New Jersey and Kalshi, a dispute that could redefine the boundaries between state gambling regulation and federal oversight of event contracts.
Lawmakers From Gaming States Ask SCOTUS to Hear Kalshi Appeal
US state lawmakers have stepped into the Kalshi prediction-markets dispute, filing an amicus brief urging the Supreme Court to address whether state gaming regulators can rein in platforms that offer event-based “contracts” linked to sports and other outcomes. The filing—submitted by the National Council of Legislators from Gaming States (NCLGS) on Tuesday—backs the position of [...]
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