Cryptoeconomics

News, data and analysis on tokenized assets, market design and digital economic systems.

Regulator

New Jersey Office of the Attorney General

The office that Kalshi sued in 2025 to stop New Jersey applying its gambling laws to sports event contracts, and which on 2 September 2026 asked the Supreme Court to decide whether registering with the CFTC exempts a venue from state law.

Kind Regulator
Jurisdiction United States
Founded 1704
Stories filed 1

The profile

The Office of the Attorney General describes the Attorney General as both 'the state's chief law enforcement officer and its chief lawyer', overseeing the New Jersey State Police and the Division of Criminal Justice in the first role and representing the Governor's office and the state's departments and agencies in the second. It heads the Department of Law and Public Safety, established by the Law and Public Safety Act of 1948 and described as more than 8,000 employees across 24 divisions, offices and commissions. The position itself the office dates to 1704. Gaming sits inside it: the Division of Gaming Enforcement is 'a law enforcement agency and the investigative arm of the casino regulatory system responsible for enforcing the Casino Control Act', with authority over casino licensing, casino-related crime and the testing of internet gaming platforms. That combination is what makes New Jersey the state most exposed to the prediction market question, because the same office both licenses the sportsbooks and litigates against the venues that say they need no licence.

Frameworks and functions

Division of Gaming Enforcement
The investigative arm of the casino regulatory system, enforcing the Casino Control Act. Its interim director is the lead petitioner in the certiorari petition filed on 2 September 2026.
Division of Law
The office's civil legal arm, which represents the state's departments and agencies. The certiorari petition is led by the Solicitor General and deputy solicitors general within the office.

Coverage

Developments in which New Jersey Office of the Attorney General is a named party, newest first.

On the record

New Jersey petitions the Supreme Court over prediction market sports contracts

New Jersey's attorney general and its gaming enforcement director filed a petition for certiorari on 2 September 2026 in Flaherty and Davenport v. KalshiEX, asking whether Dodd-Frank preempted states from regulating sports bets offered on CFTC-registered markets. The office calls it the first such petition, and it follows opposite rulings in the Third and Ninth Circuits.

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