The Uncharted Territory of Prediction Markets: Kalshi's Supreme Court Gamble Prediction markets have been gaining influence and size over the years, creeping into almost every aspect of life.
From stock prices to sporting events, the industry has made it possible for anyone with a smartphone and internet connection to bet on just about anything.
However, as stakes rise and concerns over regulation grow, New Jersey's recent petition to the Supreme Court raises important questions about where these markets should be allowed to operate.