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Wire · regulatory

FEDERAL PREEMPTION—U.S.: State lawmakers urge Supreme Court to maintain ...

25 September 2026 · By · Wire by Fusion42

Published

25 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at vitallaw.com →

◆ Verified

Fusion42 · 25 September 2026 · Fusion42 review

State lawmakers represented by the National Council of Legislators from Gaming States (NCLGS) urged the U.S. Supreme Court to grant New Jersey's petition challenging a Third Circuit ruling that blocked state enforcement of gaming laws on sports-related contracts traded on Kalshi's exchange, emphasizing states' traditional authority over gambling regulation.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

U.S. sports betting and prediction market founders must prepare for a potential Supreme Court decision that could affirm state authority over these markets and prevent federal override, shaping where and how you operate legally.

◆ Coverage

1 source · 25 Sep 2026

◆ Related on Wire

◆ Topics

Fintechfederal-preemptionstate-regulationsports-bettingprediction-marketssupreme-court