The Aporia
The Aporia
6 articles about 2 events for “Kalshi Court Ruling States Regulate P…”.
“Wallach said he expects to see states bring more cases like Utah’s and that Utah’s criminal charges “could be a bellwether for how other states approach Kalshi and Polymarket” following Nevada’s appellate court victory.”
“Utah has filed criminal charges against prediction market company Kalshi and two of its co-founders, escalating a legal battle over whether states can regulate event contracts as gambling.”
“Wallach said he expects to see states bring more cases like Utah’s and that Utah’s criminal charges “could be a bellwether for how other states approach Kalshi and Polymarket” following Nevada’s appellate court victory.”
“…rsday, the NFL filed an amicus brief supporting New Jersey's cert petition against Kalshi, asking the Supreme Court to clarify whether the Commodity Futures Trading Commission (CFTC) has exclusive jurisdiction to regulate sports wagering on prediction…”
“The NFL is urging the Supreme Court to rule on the regulation of prediction markets, arguing in an amicus brief filed Thursday that states — which already regulate legal sports books — are better positioned to oversee sports-related contracts “given the…”
“The league's filing comes as New Jersey challenges a federal appeals court ruling that favored Kalshi's position that federal commodities law overrides state gambling regulations.”