New Jersey asks Supreme Court to resolve fight over Kalshi's future

If the high court accepts the petition, it would tee up a case with sweeping implications for prediction markets, an industry that has unleashed billions of dollars of betting across nearly every aspect of modern life.

<img src='https://npr.brightspotcdn.com/dims3/default/strip/false/crop/8667x5768+0+0/resize/8667x5768!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2Fd5%2Ffd%2Fd3344462422a9cefdc7f3f5b98b6%2Fgettyimages-2263571393.jpg' alt='If the Supreme Court accepts New Jersey's petition, it would tee up a case with sweeping implications for the prediction markets industry, which has unleashed billions of dollars of betting across nearly every aspect of modern life.'/><p>If the high court accepts the petition, it would tee up a case with sweeping implications for prediction markets, an industry that has unleashed billions of dollars of betting across nearly every aspect of modern life.</p><p>(Image credit: Scott Olson)</p><img src='https://media.npr.org/include/images/tracking/npr-rss-pixel.png?story=nx-s1-5954230' />