New Jersey officials apply to the U.S. Supreme Court for a contract for the Kalshi Sports Games. Case
On 3 September, the Attorney-General of New Jersey, Jennifer Davis, and the Officer-in-Charge of State Lottery Enforcement, Mary Jo Fleherty, filed an application for a transfer order with the United States Supreme Court to hear the State ' s case concerning enforcement measures against the forecast market platform Kalshi ' s offer of a sports contract. Referring to civil cases brought by at least 20 state lottery regulators, the application requested the Supreme Court to decide whether it was possible for market companies to violate state law while complying with the United States Commodity Futures Trading Commission (CFTC). The application also relates to whether the Dodd-Frank Act excludes the competence of the state government to regulate sports games within its regulatory jurisdiction. The application challenged the decision of the U.S. Court of Appeals for the Third Circuit in April at 2 to 1. Kalshi spokesman Dani Lever stated that the company did not agree to appeal to the Supreme Court in New Jersey and stated that Kalshi could not accept separate supervision by 50 regulatory bodies; the company remained confident in the lower court decision。
