New Jersey News & Prediction Market Coverage
Track the latest New Jersey news across prediction markets. Prediction News is following 19 active New Jersey stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
CFTC proposes rule to classify certain event contracts as swaps
LegalCFTC proposes sweeping swaps rules to bring event contracts under federal oversight
LegalSixth Circuit rules Kalshi sports contracts subject to Ohio and Tennessee gambling laws
LegalNFL urges Supreme Court to let states regulate prediction markets as gambling
LegalSupreme Court holds off on prediction market preemption petitions as NFL weighs in
Legal39 states and D.C. ask Supreme Court to let states regulate prediction markets
LegalGaming regulators IAGR and NAGRA back Supreme Court review of Kalshi sports contracts
LegalCFTC proposes swap classification for event contracts as New Jersey seeks Supreme Court review
StocksRobinhood prediction-market revenue hits $156M in Q2, topping crypto and equities
LegalNew Jersey, Robinhood, and Crypto.com petition Supreme Court on sports event contract preemption
LegalCFTC relief on event contract software leaves Michigan sports restrictions intact
LegalRobinhood halts Michigan sports event contracts under state gaming board deal
LegalTenth Circuit denies Kalshi emergency stay, allows Utah gambling enforcement
LegalKalshi seeks en banc rehearing after Ninth Circuit lets Nevada regulate it as gambling
LegalNew Jersey's Supreme Court petition docketed as Kalshi loses Iowa and Utah court bids
LegalNew Jersey asks Supreme Court to settle who regulates Kalshi sports contracts
LegalMichigan judge orders Kalshi to geofence state or pay $500K daily in sports contracts fight
LegalNew Jersey asks Supreme Court to settle Kalshi sports-contracts fight
DealsNBA in talks for prediction market deals ahead of 2026-27 season
Frequently Asked Questions
What is New Jersey SB 4447?
Senate Bill 4447, introduced June 11, 2026 by Sens. Nicholas Scutari and Paul Sarlo, would require prediction market operators offering sports event contracts to acquire sports wagering licenses and establish a regulatory and taxation framework.
Is Kalshi legal in New Jersey?
A Third Circuit decision upheld an injunction blocking New Jersey's enforcement action against Kalshi's sports event contracts; the state plans to seek U.S. Supreme Court review.
Does New Jersey tax prediction markets?
New Jersey's proposed SB 4447 would impose a regulatory and taxation framework on sports event contracts offered by prediction market platforms.
Why is New Jersey challenging prediction markets?
The state seeks to bring sports event contracts under its existing sports betting licensing regime and has pursued enforcement and litigation to assert jurisdiction over such products.
What is New Jersey's position on CFTC regulation of prediction markets?
New Jersey has joined other states in urging the CFTC to recognize state authority over sports-related event contracts and has litigated against federal preemption claims.