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US lawmakers from gaming states urge SCOTUS to take up Kalshi case

The case between New Jersey authorities and a prediction market company, if accepted by the Supreme Court, could result in clarity for state and federal officials over sports bets.

Why it matters

DKNG (DraftKings) · Why linked: Clarity on the legality of prediction/sports event contracts directly affects sports betting operators like DraftKings. Market context: Broader legal clarity for event contracts could open new markets or reshape competition for DraftKings.

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