NFL Asks Supreme Court to Treat Sports Prediction Contracts as Gambling, Not Swaps
Photo: Crypto Daily
The NFL filed an amicus brief on October 8 urging the U.S. Supreme Court to take New Jersey’s challenge to Kalshi’s sports-event contracts. The league argued that the products are sports gambling, rather than swaps regulated under federal law, placing it behind New Jersey’s push for the Court to resolve the dispute. In its filing , the NFL asked the Supreme Court to hear New Jersey’s case against Kalshi, placing the league on one side of a legal fight over prediction-market contracts linked to games and other sporting events.
Source: Crypto Daily
