Prediction Markets Heatmap

New Jersey's posture on prediction markets remains under review — the one cited court document could not be fetched on this run, leaving the record unverifiable today.

• New Jersey has been an active state on this topic — regulators sent a cease-and-desist letter to at least one prediction-market operator in 2024, and there is federal litigation involving NJ's position — but the current legal status cannot be confirmed from the sources available on this review date. The 'under review' label here reflects a real gap in what could be read, not a finding about what New Jersey's law actually says. The underlying situation may have moved since the last entry. To get a current read, the Third Circuit's published opinion and the NJ Division of Gaming Enforcement's public notices are the places to check — links are on this card.

• Open the Third Circuit PDF link directly in your browser to read the KalshiEX v. Cafferelli opinion — it may load cleanly even though the automated fetch failed. For NJ's regulatory side, the NJ Division of Gaming Enforcement (nj.gov/oag/ge) publishes cease-and-desist letters and enforcement notices; search there for any Kalshi or prediction-market filings dated 2024 or later.