The National Council of Legislators from Gaming States has urged the US Supreme Court to review a dispute over whether states can regulate sports event contracts.
According to reports, the group of US state lawmakers filed an amicus brief earlier this week, backing New Jersey’s Attorney General Jennifer Davenport’s petition for a writ of “certiorari,” which asks the Supreme Court to hear the case involving prediction market platform Kalshi.
In its filing, the NCLGS said a ruling that prevents states from regulating prediction markets like Kalshi could affect existing gambling laws and allow other gambling operators to seek similar treatment of their businesses and products.
