New Hampshire asks US Supreme Court to rule on prediction market regulation
New Hampshire has asked the US Supreme Court to decide whether the state should regulate prediction markets for sports under the same framework it uses for sports betting. The case could determine how state-level sports-betting laws apply to event-contract platforms. No specific legislative proposal, vote, or dollar estimate accompanied the filing. The filing does not name any specific prediction market platforms. It arrives as courts in New York, Ohio, Tennessee, California, and Washington have issued conflicting rulings on whether federal CFTC registration preempts state gambling enforcement.
A Supreme Court ruling would settle the circuit split over whether CFTC registration blocks state gambling law. Platforms like Kalshi, Polymarket, and Novig now face parallel fights in state courts that move faster than federal rulemaking. Kalshi's federal shield has already crumbled in Ohio and Tennessee, and a New York judge just denied Novig's preemption argument.
Every new state loss becomes template law the next attorney general copies. Without a clear Supreme Court answer, platforms must budget for state-by-state licensing or litigation rather than a single federal fix. The New Hampshire petition joins a deepening stack of cases that could force the Court to act.