Securities Regulation Daily Wrap Up, FEDERAL PREEMPTION—U.S.: Forty jurisdictions band together in support of states’ power to regulate gambling, (Oct 8, 2026)
Law Firms Mentioned:Milbank LLP
Organizations Mentioned:KalshiEX, LLC
By Rebecca E. Hoffman, J.D.
The brief asks the high court to grant New Jersey’s certiorari petition so it can resolve the chaos and confusion that has grown out of numerous states’ disputes with prediction markets.
In a Supreme Court amicus brief, 39 states and the ...