NFL backs New Jersey authorities in SCOTUS petition over Kalshi
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New Jersey officials petition US Supreme Court over prediction markets
New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event contracts to residents.
US lawmakers from gaming states urge SCOTUS to take up Kalshi case
The case between New Jersey authorities and a prediction market company, if accepted by the Supreme Court, could result in clarity for state and federal officials over sports bets.
Michigan authorities continue pursuit to block Kalshi as Supreme Court fight looms
Kalshi previously said it had been placed in an “impossible position” after federal authorities directed the company to ignore a Michigan restraining order issued in June.
NFL Sides With States Against Kalshi in Supreme Court Prediction Market Fight
The NFL urged the Supreme Court to resolve a circuit split over whether states can regulate sports contracts on prediction markets, arguing they're gambling, not federally regulated swaps.
Bitcoin ETFs rebound with $119M inflow as Ether extends losses
Bitcoin ETFs returned to net inflows with $119 million on Tuesday despite falling prices, while Ether funds reached a six-session outflow streak totaling $408 million.
Bitcoin ETFs notch third inflow week as Ether ETFs shed $138M
Bitcoin ETF inflows reached a third straight week, while Ether ETFs swung to outflows and Zcash funds posted their first weekly outflow.