Sen. Kristin Corrado’s measure returns after its bipartisan predecessor failed to receive a State Senate vote in 2025.
The casino industry group says the Third Circuit ruling lets prediction markets evade state sports-betting safeguards and licensing rules.
The operator must also surrender $8,204.49 after the DGE found breaches involving prohibited or unapproved events.
The NCLGS brief says federal oversight of Kalshi’s exchange should not displace state sports-betting safeguards as circuit conflict widens.
The joint appeal reaches New Jersey as an unpassed state bill proposes criminal penalties and narrower wagering exclusions.
Retail slots and table games beat online gambling for the first time this year, even as iGaming set a monthly record and sports betting crossed $100 million.
Higher online rates and continued internet gambling growth helped push the Casino Revenue Fund to a new high.
The bipartisan bill is backed by Kalshi and ParentsRISE and would use face analysis, not stored biometric data, to block underage betting online.
The system pairs social media monitoring with IC360’s ProhiBet platform so participating sportsbooks can suspend or ban accounts identified for abusive behavior
The new sports betting operator launched on November 14 and is looking to challenge market leaders with valuable promotional offers and a top-notch betting platform for all devices.