Moments ago, SCOTUS denied cert in the Drake case. This means it chose not to accept the case for briefs and argument. (As is typical, the Court gave no explanation.) The Third Circuit's decision upholding New Jersey's "May Issue" gun permit law stands.
Gun carry advocates will just have to wait for the next opportunity, which probably will be Peruta v. County of San Diego from the Ninth Circuit in California. The Court of Appeals has yet to rule on the State of California's requests to intervene and for the Court to consider the case en banc. (I.e. before a full court, in this case, 11 of its judges, rather than just the three-judge panel that rendered the 2-1 decision in January. The Ninth Circuit rarely grants en banc review.)
The Drake petition was discussed last Friday in Firearms Law & Policy.