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Foley and Lardner tracks prediction market cases heading toward the Supreme Court as appeals courts split on sports contracts
- Foley and Lardner tracks prediction market cases heading toward the Supreme Court as appeals courts split on sports contracts — The Third Circuit has blocked New Jersey enforcement against Kalshi while the Ninth and Sixth Circuits reached the opposite conclusion on whether sports event contracts qualify as swaps. Multiple parties have now filed petitions asking the Supreme Court to resolve the split. (Foley & Lardner)
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