Filed Oct. 8 in Broward County, the complaint targets Pick6 and DraftKings’ prediction-powered sports bets and names CEO Jason Robins. All five counts arise under state statutes and common law, and the filing never raises federal preemption. DraftKings answers that federal commodities law governs its event contracts, and its sportsbook is not offered in Florida. … Read more
New Jersey filed its Kalshi Supreme Court petition Sept. 2, one day ahead of a twice-extended deadline. The Supreme Court docketed the case Sept. 8 as No. 26-299, with Kalshi’s response due Oct. 8. New Jersey warns that Kalshi’s legal theory would put state-licensed sportsbooks in violation of federal swaps law too. New Jersey counts … Read more
New Jersey has until Sept. 3 to ask the Supreme Court to review the Third Circuit ruling protecting Kalshi’s sports contracts. Justice Samuel Alito twice extended New Jersey’s time to file, moving the deadline from July 5 to Sept. 3. The Ninth Circuit’s Aug. 28 ruling for Nevada split the appeals courts on whether states … Read more
A Ninth Circuit panel ruled 3-0 that Nevada can enforce its gambling laws against Kalshi’s sports event contracts. Sports contracts made up more than 90% of Kalshi’s trades and 95% of its revenue in 2025, the court noted. The ruling conflicts with a Third Circuit decision favoring Kalshi, splitting the federal appeals courts on the … Read more