Kalshi won’t let users bet whether the Supreme Court will hear a case that could upend the prediction market’s regulatory future, a spokesperson for the company claims.
The revelation comes nearly a day after New Jersey officials asked the Supreme Court to intervene in a fight between the prediction market and state gambling regulators. States such as New Jersey believe Kalshi should follow their laws governing sports betting, but prediction markets, backed by the Trump administration, believe it should follow federal law.