New Jersey asked the US Supreme Court on September 2, 2026, to review a growing legal dispute between states and prediction market platforms over regulatory authority. The petition follows conflicting lower court rulings and a key 9th Circuit decision on sports-event contracts.
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New Jersey asked the Supreme Court on Wednesday to weigh in on a growing legal battle between prediction markets and states over who has the authority to regulate the platforms. It marks the first time that the dispute, which has resulted in conflicting decisions at the appellate level, has been raised to the justices. “Companies...
The petition comes after a key ruling from the 9th U.S. Circuit Court of Appeals on sports-event contracts.
The request follows conflicting lower court rulings on whether states have statutory oversight authority of the prediction firms.