The Supreme Court’s first list of cases for its new term did not include any prediction market disputes, leaving two closely watched gambling-law petitions unresolved for now.
CDC Gaming reported that the justices had been asked to review two cases over whether states can apply gambling laws to sports event contracts. One involves New Jersey’s appeal after the Third Circuit ruled the state could not apply its gambling laws to those contracts. The other involves Robinhood’s petition after the Ninth Circuit ruled that Nevada could enforce its sports betting laws.
No West Virginia-specific change was reported.
Split appellate rulings are still unresolved
According to CDC Gaming, the two petitions reflect a conflict between federal appeals courts. The Third Circuit sided against New Jersey, while the Ninth Circuit sided with Nevada.
That split has made the issue one of the more closely followed legal fights around prediction markets and sports event contracts, but the Supreme Court did not take it up in its first batch of cases for the term.
More waiting likely before the justices act
RG.org reported that the Supreme Court’s first orders list granted review in three cases, none involving prediction markets. The outlet also reported that action on the petitions may still be weeks away because response deadlines have not yet passed.
RG.org said New Jersey filed its petition in Flaherty v. KalshiEX on Sept. 2, and that Kalshi’s response deadline was extended to Nov. 9. The outlet also reported that Robinhood Derivatives filed its petition in Robinhood Derivatives v. Dreitzer on Sept. 10, with Nevada’s response due Oct. 14.
For now, the key question is whether the justices eventually decide to hear a case that could help settle how far state gambling laws reach when sports event contracts are involved.
If the Court takes up one of the petitions later this term, that would likely become the next major development for regulators, operators and players watching the issue nationwide. If you gamble, do so responsibly and only on legal platforms available in your state.
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Sources: As reported by cdcgaming.com and rg.org.