Key Highlights President Donald Trump’s administration is seeking federal regulatory oversight for prediction markets through the Commodity Futures Trading Commission (CFTC). A coalition of 39 U.S. states and the District of Columbia has opposed federal preemption, stating in an amicus brief that the clash has escalated into a “national turf war” likely requiring Supreme Court ...
Key Highlights A circuit court split has emerged over whether sports-related prediction markets qualify as financial swaps subject to CFTC authority or as gambling governed by state law. Two federal appellate courts have determined that sports prediction markets constitute state-regulated gambling, while one circuit court held they fall under federal oversight. A flurry of recent ...
Key Highlights: The CFTC has introduced an “interim final” rule taking immediate effect alongside a proposed framework targeting event contracts on platforms such as Kalshi and Polymarket. The proposed rule formally integrates “event contracts, including those based on sports, politics, cultural, and weather-related events” into established U.S. swaps regulations under a 30-day public comment window. ...
Key Highlights: The International Association of Gaming Regulators (IAGR) and North American Gaming Regulators Association (NAGRA) have backed New Jersey’s formal appeal asking the Supreme Court of the United States (SCOTUS) to review whether state gambling laws apply to prediction markets. Conflicting judicial rulings across Illinois, New Jersey, Wisconsin, Ohio, and Tennessee have produced a ...
Key Highlights Surrogate McKenna West’s petition for Supreme Court review of her custody battle with the biological parents was rejected by Justice Elena Kagan on Tuesday. The decision effectively ends West’s legal challenge at the federal level, leaving lower court rulings in favor of the biological parents intact. The case centered on a surrogacy agreement ...
Key Highlights Intended parents Nausheen Gilkar and Omar are opposing surrogate McKenna West’s emergency Supreme Court petition in their ongoing surrogacy dispute. The parents argue West’s requested emergency relief could jeopardize their infant son’s health and well-being. Legal representatives for Gilkar and Omar have filed a formal response challenging West’s latest court maneuver. Surrogacy Dispute ...
How Four Conservative Architects Reshaped the Federal Judiciary During the Reagan Era Recent Supreme Court decisions—from the overturning of Roe v. Wade to the end of affirmative action and the curtailment of federal regulatory power—have fundamentally reshaped American law. According to political analyst Alex Wagner, this rightward shift was not happenstance. In her upcoming book, ...
Chief Justice John Roberts broke with Donald Trump and the Supreme Court’s other conservative justices on Monday, objecting to the president’s plan to build a…
The Supreme Court on Monday rejected President Donald Trump’s controversial plan to change how mail ballots are sent to voters nationwide, blocking a proposal that election officials warned would have caused catastrophic consequences for the 2026 midterms. In one of the most significant cases on the court’s emergency docket in years, a majority of justices ...