By The Weekly Edge desk · · Updated
IAGR and NAGRA have asked the US Supreme Court to hear New Jersey's case against Kalshi, SBC Americas reported. The regulatory associations submitted a joint amicus brief on 2 October in Flaherty v. KalshiEX.
IAGR and NAGRA’s joint brief adds regulatory backing to New Jersey’s request for Supreme Court review.
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The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
Four additional tribal agreements give tribes app ownership and customer management while Kalshi supplies exchange services.
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
The agreements give Kalshi advertising exposure and fan engagement opportunities across five MLB teams.
The partnerships create commercial opportunities for tribal operators while legal disputes over sports event contracts remain unresolved.
The case could affect whether states can regulate sports prediction markets and the safeguards operators face.