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New Jersey is a state located in both the Mid-Atlantic and Northeastern regions of the United States. Located at the geographic hub of the heavily urbanized Northeast megalopolis, it is bordered to the northwest, north, and northeast by New York State; on its east, southeast, and south by the Atlantic Ocean; on its west by the Delaware River and Pennsylvania; and on its southwest by Delaware Bay and Delaware. At 7,354 square miles (19,050 km2), New Jersey is the fifth-smallest U.S. state by land area. According to a 2025 U.S.
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A review of which of the 50 states allow sports prediction markets, as of October 2026.
While the Supreme Court hasn't taken up a prediction market case yet, a high court win for the states in their quest to regulate the exchanges would likely mean a wave of state legislature bills and regulatory guidance arriving on different timelines, rather than a single uniform transition, says Howard Herndon at…
Tennessee Attorney General Jonathan Skrmetti says prediction markets, like Kalshi, should follow the same rules as the state's licensed sportsbooks. A federal court agreed. Here's what happens next.