Polymarket gives 28.5% that SCOTUS takes a sports event contract case by Dec 31 too high or too low? New Jersey already asked the court to step in, and Kalshi's response is due Nov 9. the states aren't waiting ＞ Utah sued Kalshi and two Susquehanna firms that make markets on it. it's the first state lawsuit to name a prediction market's market makers. Utah wants Kalshi to give up an estimated $30.6M to $61.2M in fees from Utah accounts ＞ Ohio again told its sportsbooks, fantasy operators and suppliers to cut off platforms that offer sports contracts in Ohio without a license. confirm by Oct 30 or the license is in question ＞ on the federal side, the CFTC told Novig and ProphetX not to list micro markets and scorigami for now. none were live, so no open position is hit if market makers decide the legal risk isn't worth it, sports order books get thinner the Third Circuit says these contracts are swaps and federal law shields them from the states. the Sixth and Ninth say they aren't swaps at all which reading wins at the Supreme Court?